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Olenox Industries Announces Liability Conversion in Settlement Agreement
Globenewswire· 2026-02-19 13:30
CONROE, Texas, Feb. 19, 2026 (GLOBE NEWSWIRE) -- via IBN – Olenox Industries Inc. (NASDAQ: OLOX) ("Olenox" or the "Company") today announced a settlement agreement has been executed between Olenox CEO Michael McLaren and the Company to convert a convertible promissory note held by McLaren into common shares on Feb. 11, 2026, to settle the balance due under the Note in full. Separately, Olenox Industries Inc. executed a settlement agreement with McLaren to exchange 39,000 shares of Series A Preferred Shares ...