KMT-hansa Enters Into Memorandum of Understanding

Core Points - KMT-Hansa Corp. has negotiated a debt conversion agreement with a creditor, resulting in the issuance of 2,283,706 common shares in exchange for the cancellation of $171,278 in debt [1][2] Group 1: Debt Conversion Agreement - The debt conversion agreement involves the issuance of common shares to a creditor who is an arm's length party to the corporation [1] - The total debt being cancelled through this agreement amounts to $171,278 [1] - The issuance of the debt shares is subject to approval from NEX and will have a statutory hold period of four months [2] Group 2: Contact Information - For further inquiries, Donald Wu, the Chief Executive Officer, can be contacted via email at info@kmt-hansa.com [2]