Greenville, South Carolina, July 12, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it has entered into a debt settlement agreement (the “Agreement”) with a director of the Company to settle an outstanding debt of CAD$153,565 (the “Debt”) owed pursuant to a loan made to a subsidiary of the Company. The loan was made on June 12, 2024, in the principal amount of CAD$152,296 and carries an interest rate of 10% per annum. Pursuant to the
Not for Dissemination in the United States or through U.S. Newswire Services Greenville, South Carolina, July 05, 2024 (GLOBE NEWSWIRE) -- ARCpoint Inc. (TSXV: ARC) (the “Company” or “ARCpoint”) is pleased to announce that it intends to complete a non-brokered private placement to raise gross proceeds of up to C$1,500,000, (the “Offering”) through the sale of up to 20,000,000, subordinate voting shares of the Company (each, a “Share”) at C$0.075 per Share. The net proceeds from the Offering will
ARCpoint ( CVE:ARC ) First Quarter 2024 Results Key Financial Results Revenue: US$1.61m (down 5.8% from 1Q 2023). Net...