FLUENT Corp. Announces Shares for Debt Settlement

Core Viewpoint - FLUENT Corp. will issue 2,750,000 common shares to directors in exchange for the cancellation of US$137,500 in director fees for the period of April 1, 2025, to June 30, 2025, at a price of US$0.05 per share [1][2]. Group 1: Share Issuance Details - The Debt Shares issuance is classified as a "related party transaction" under Multilateral Instrument 61-101, with the fair market value deemed reasonable by the directors [2]. - The company will rely on exemptions from valuation and minority shareholder approval requirements as neither the fair market value of the Debt Shares nor the debt exceeds 25% of the company's market capitalization [2]. - The company did not file a material change report more than 21 days before the expected closing due to finalization timing of the debts, aiming to reduce accrued liabilities promptly [3]. Group 2: Company Overview - FLUENT Corp. is a national cannabis consumer packaged goods company operating in Florida, New York, Pennsylvania, and Texas, with a commitment to operational excellence [4]. - The company employs 700 staff across 8 cultivation and manufacturing facilities and operates 42 retail locations, along with a wholesale division servicing third-party retailers [4]. - FLUENT produces a diverse portfolio of cannabis products under various brands, including MOODS, Knack, Wandr, Bag-O, and Hyer Kind [4]. Group 3: Trading Information - FLUENT's common shares are traded on the Canadian Securities Exchange under the symbol "FNT.U" and on the OTCQB Venture Market under "CNTMF" [5].