Business NewsMarketWire • CanAsia Announces Proposed Issuance of Shares for Debt

CanAsia Announces Proposed Issuance of Shares for Debt

CanAsia Announces Proposed Issuance of Shares for Debt

CALGARY, ALBERTA--(Marketwired - Aug. 28, 2013) - CanAsia Financial Inc. ("CanAsia" or the "Company") (TSX VENTURE:CNA) announces, subject to all necessary regulatory approval, that it intends to issue 8,026,274 common shares of the Company (the "Common Shares") at a deemed price of $0.05 per Common Share for payment of outstanding debts of $401,313.70 owed to creditors of the Company.

View More : http://www.marketwire.com/mw/release.do?id=1825555&sourceType=3
Releted News by marketwire
The Warranty Group anuncia acuerdo con Hermes/Compra Fácil S.A.
CWB Reports Solid Financial Performance Led by Strong Loan Growth
CanAsia Announces Proposed Issuance of Shares for Debt