on ARway Corporation (isin : CA04336A1049)
Arway Corporation Completes Share Issuance to CEO
Arway Corporation has announced the successful issuance of 3,786,363 common shares to CEO Evan Gappelberg. This transaction addresses the company's outstanding indebtedness to him. The shares were issued at a price of Cdn$0.055 each. This move aligns leadership interests with shareholders, fostering long-term growth for the company.
The shares are under a four-month holding period, ending on June 21, 2025, as per applicable securities regulations. This step is crucial in Arway's strategy to retain top leadership talent and drive the company forward.
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