Reflex Advanced Announces Closing of Securities for Debt Transactions

Core Points - Reflex Advanced Materials Corp. has closed debt settlement transactions amounting to $420,000 through the issuance of 2,800,000 units at a deemed price of $0.15 per unit [2] - Each unit consists of one common share and one share purchase warrant, with the warrant convertible into one share at a price of $0.20 for two years [2] - One of the agreements is classified as a related party transaction, with the company relying on exemptions from certain requirements due to the fair market value not exceeding 25% of the company's market capitalization [3] Company Overview - Reflex Advanced Materials Corp. is a mineral exploration company based in British Columbia, focused on developing economic mineral properties in strategic metals and advanced materials [5] - The company aims to improve domestic specialty mineral infrastructure efficiencies to meet the increasing demand from North American manufacturers [5]