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.
多倫多, 安大略省——（Newsfile Corp. - 2024年6月10日）——SPARQ Systems Inc. (tsxv: SPRQ) (OTCQB: SPRQF) （“SPARQ”）很高興宣佈，根據其於2024年6月3日發佈的新聞稿，該公司已發行了1775639股普通股，以每股0.40美元的發行價格計算，全額償還了710,256美元的無擔保貸款。根據債務結算髮行的普通股受到法定的四個月和一天的持有期限制。SPARQ"或"公司”很高興宣佈，根據其於2024年6月3日發佈的新聞稿，該公司已發行了1775639股普通股，以每股0.40美元的發行價格計算，全額償還了710,256美元的無擔保貸款。根據債務結算髮行的普通股受到法定的四個月和一天的持有期限制。
ABOUT SPARQ
SPARQ簡介
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設計和製造用於住宅和商業太陽能發電應用的下一代單相微型逆變器。SPARQ開發了一種專有的光伏解決方案，稱爲Quad；Quad逆變器通過單個微型逆變器對四個光伏模塊進行優化，簡化了設計和安裝，並降低了太陽能電力裝置與現有市場產品相比的成本。
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頓市的Princess Street 945號，郵編爲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.
TSXV及其監管服務提供商（如該術語在TSXV政策中的定義）不對本公告的適當性或準確性負責。
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公司
Dr. Praveen Jain
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。