Business
Two Hands Corporation Announces Conversion of Outstanding Debt
Two Hands Corporation ("Two Hands" or the "Company") (CSE: TWOH.X) (OTC: TWOH) announces that effective May 2, 2025, it has converted an aggregate of US$850,972.01 of principal and accrued and unpaid interest into 170,194,403 shares of common stock of the Company ("Common Shares") at a deemed price of US$0.005 per Common Share, pursuant to the terms of a grid promissory note and credit facility agreement dated April 14, 2022, as amended on December 30, 2024 (the "Convertible Note"). The Converti
About this update from Two Hands Corporation
[{"type":"text","content":"TORONTO, May 13, 2025 /CNW/ - Two Hands Corporation ("Two Hands" or the "Company") (CSE: TWOH.X) (OTC: TWOH) announces that effective May 2, 2025, it has converted an aggregate of US$850,972.01 of principal and accrued and unpaid interest into 170,194,403 shares of common stock of the Company ("Common Shares") at a deemed price of US$0.005 per Common Share, pursuant to the terms of a grid promissory note and credit facility agreement dated April 14, 2022, as amended on December 30, 2024 (the "Convertible Note"). The Convertible Note is described in the Company's listing statement dated August 3, 2022, which is available on SEDAR+ at www.sedarplus.ca.","length":702,"tagName":"p"},{"type":"text","content":"The issuance of the Common Shares is subject to the acceptance of the CSE.","length":74,"tagName":"p"},{"type":"text","content":"About Two Hands Corporation","length":27,"tagName":"p"},{"type":"text","content":"Two Hands has been active in the Food Retail and Distribution Service Industry (SIC Code 7389) for several years, focusing on the Consumer Non-Cyclical sector. The Company is dedicated to providing quality products and services to meet the needs of its customers.","length":263,"tagName":"p"},{"type":"text","content":"This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.","length":530,"tagName":"p"},{"type":"text","content":"Neither the CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.","length":112,"tagName":"p"},{"type":"text","content":"Cautionary Statement Regarding Forward-Looking Information","length":58,"tagName":"p"},{"type":"text","content":"This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "c...