Altura Energy Announces Closing of Debt Settlement

Core Points - Altura Energy Corp. has completed a debt settlement of C$526,683 with Nancy Burke, issuing 5,266,830 common shares at a deemed price of $0.10 per share [1][3] - Following the debt settlement, Ms. Burke now controls 5,696,830 common shares, representing 14.57% of the total issued shares, and potentially 15.00% if her warrants are exercised [2][3] - The debt settlement was in exchange for an unsecured loan of C$475,000, which included accrued interest, advanced to the company to address corporate payables [3] Company Information - Altura Energy Corp. is an exploration and production company with interests in the Holbrook basin of Arizona [6]