Business NewsMarketWire • Global Hemp Group Inc.: Shares for Debt

Global Hemp Group Inc.: Shares for Debt

Global Hemp Group Inc.: Shares for Debt

SURREY, BRITISH COLUMBIA--(Marketwired - April 11, 2014) - GLOBAL HEMP GROUP INC. ("Global Hemp Group" or the "Company") (CSE:GHG)(FRANKFURT:GHG) is pleased to announce that on April 10th, 2014, the Company reached agreements with certain of its creditors to settle an aggregate total of $233,258 of debt via issuance of 2,332,580 Common shares of the Company, having a deemed value of $0.10 per Share (the "Shares for Debt Settlement").

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