SPARQ Completes Previously Announced Shares for Debt Settlement
SPARQ Completes Previously Announced Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - June 10, 2024) - SPARQ Systems Inc. (TSXV: SPRQ) (OTCQB: SPRQF) ("SPARQ" or the "Company") is pleased to announce that, further to its press release on June 3, 2024, the Company has issued an aggregate of 1,775,639 common shares at a deemed issuance price of $0.40 per share to settle in full $710,256 owing to certain arm's length parties pursuant to outstanding unsecured loans. The common shares issued pursuant to the debt settlement are subject to a statutory four month and one day hold period.
安大略省多倫多--（Newsfile Corp.，2024 年 6 月 10 日）-SPARQ Systems Inc.（多倫多證券交易所股票代碼：SPRQ）（OTCQB：SPRQF）（”SPARQ“或者”公司“）很高興地宣佈，繼2024年6月3日發佈新聞稿之後，該公司共發行了1,775,639股普通股，認定發行價格爲每股0.40美元，以710,256美元全額結算，這要歸因於某些正常交易方的未償無抵押貸款。根據債務清算髮行的普通股須遵守四個月零一天的法定持有期。
ABOUT SPARQ
關於 SPARQ
SPARQ designs and manufactures next generation single-phase microinverters for residential and commercial solar electric applications. SPARQ has developed a proprietary PV solution called the Quad; the Quad inverter optimizes four PV modules with a single microinverter, simplifying design and installation, and lowering cost for solar power installations when compared to existing market offerings.
SPARQ 爲住宅和商業太陽能電氣應用設計和製造下一代單相微型逆變器。SPARQ開發了一種名爲Quad的專有光伏解決方案；與現有市場產品相比，Quad逆變器使用單個微型逆變器優化了四個光伏組件，簡化了設計和安裝，並降低了太陽能裝置的成本。
SPARQ's head office is located at 945 Princess Street, Kingston, Ontario, K7L 0E9.
SPARQ的總部位於安大略省金斯敦公主街945號，K7L 0E9。
Neither the TSXV nor its regulation services provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
多倫多證券交易所及其監管服務提供商（該術語在多倫多證券交易所的政策中定義）均不對本新聞稿的充分性或準確性承擔責任。
For more information, please contact:
欲了解更多信息，請聯繫：
SPARQ Systems Inc.
Dr. Praveen Jain
Chief Executive Officer
Email: pjain@sparqsys.com
Tel: 343.477.1158
SPARQ SYSTEMS Inc.
Praveen Jain 博士
首席執行官
電子郵件：pjain@sparqsys.com
電話：343.477.1158
譯文內容由第三人軟體翻譯。