Business
Syntheia Announces Shares for Debt Transaction and Termination of LIFE Offering
Toronto, Ontario--(Newsfile Corp. - January 28, 2026) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai) is pleased to announce that, further to its press release on January 15, 2026, it has settled an aggregate of $100,000.00 of indebtedness to an arm's length creditor of the Company through the issuance of 833,334 common shares in the capital of the Company (the "Common Shares") at a price of $0.12 per Common Share (the "Debt Settlement"). The Common Shares issued...
About this update from Syntheia Corp.
[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - January 28, 2026) - Syntheia Corp. (CSE: SYAI) ("Syntheia" or the "Company") (syntheia.ai) is pleased to announce that, further to its press release on January 15, 2026, it has settled an aggregate of $100,000.00 of indebtedness to an arm's length creditor of the Company through the issuance of 833,334 common shares in the capital of the Company (the "Common Shares") at a price of $0.12 per Common Share (the "Debt Settlement"). The Common Shares issued pursuant to the Debt Settlement are subject to a four-month hold period.","length":614,"tagName":"p"},{"type":"text","content":"Furthermore, the Company would like to announce that the proposed private placement equity financing, being offered pursuant to a listed issuer financing exemption offering document filed on January 19, 2026, will not be proceeding due to the Company deciding to seek alternative strategic financing options. The Company will make an announcement in this regard if and when arranged.","length":383,"tagName":"p"},{"type":"text","content":"About Syntheia","length":14,"tagName":"p"},{"type":"text","content":"Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations and deploying our technology to enhance customer satisfaction while dramatically reducing turnover and traditional staffing issues.","length":288,"tagName":"p"},{"type":"text","content":"For further information, please contact:","length":40,"tagName":"p"},{"type":"text","content":"Tony Di BenedettoChief Executive OfficerTel: (844) 796-8434","length":61,"tagName":"p"},{"type":"text","content":"Cautionary Statement","length":20,"tagName":"p"},{"type":"text","content":"Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.","length":217,"tagName":"p"},{"type":"text","content":"This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe&q...