AI/ML Innovations Inc. Completes Shares for Debt Arrangement

AI/ML Innovations Inc. has completed its shares for debt transaction, settling a total of US$17,260 (CAD $24,231.31) owed to a creditor through the issuance of 302,891 shares. This debt conversion was carried out at a price of $0.08 per share and has received acceptance from the Canadian Securities Exchange. The shares are subject to a four-month hold period.

Additionally, AI/ML clarified the term of warrants from a previous private placement closed on August 19, 2024. Initially, warrants were issued with a two-year term instead of the intended three-year term. Replacement warrants with the correct term have now been sent to the holders.