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Gold/Mining/Energy : CCB vs ZEN truth board

ZEN.V 1.170

-3.3%

3:59 PM EDT

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From: RSCorky	3/12/2021 5:52:54 PM
	of 12350

CCB to sell more magic beans (shares) in order to pay Bruce Duncan’s widow over $200k Canada Carbon Inc. (the "Company") (TSX-V: CCB ) announces that it has entered into a debt settlement agreement with the estate of its former Chief Executive Officer, R. Bruce Duncan to settle an aggregate of $229,271.79 of accrued management fees in consideration for the issuance of an aggregate of 1,206,691 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.19 per share (the “Debt Settlement”). The board of directors and management of the Company believe that the proposed Debt Settlement is in the best interests of the Company because it allows the Company to preserve its funds for operations. The Debt Settlement is subject to the acceptance of the TSX Venture Exchange. The Common Shares issued pursuant to the Debt Settlement will be subject to a statutory four month and one day hold period. I’m sure there are some senile, obese old fools more than happy to give Olga even more money for this nonsense never-gonna-happen project. Even though the entire Argenteuil regional government has now indicated it will also oppose the project to the highest levels and until the silly plan is no more. By that point Olga will be very wealthy off the money of embarrassing excuses for men.

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