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Universal Digital Inc. Announces Debt Settlement
TMX Newsfile· 2026-02-13 02:00
Core Viewpoint - Universal Digital Inc. has entered into a debt settlement agreement to settle C$69,146.50 of indebtedness by issuing 987,807 common shares at a deemed price of C$0.07 per share [1][2]. Company Overview - Universal Digital Inc. is a Canadian investment company focused on digital assets, particularly in high-growth industries such as blockchain and cryptocurrencies. The company aims to provide long-term capital growth through a diversified investment approach and participate in the transformation of global finance via digital asset strategies [3]. Debt Settlement Details - The debt settlement agreement involves the issuance of shares, which is subject to acceptance by the Canadian Securities Exchange (CSE). The shares will have a statutory hold period of four months and one day from the issuance date [2]. - No finder's fees were paid in connection with this transaction, and Northbay Capital Partners Corp. is an arm's length party to the company [2].