VANCOUVER, BC / ACCESSWIRE / January 6, 2020 / NHS Industries Ltd. (CSE:NHS) (the "Company" or "NHS") announced the settlement of debts owing to the CEO and the CFO of the Company. A total of $337,000 in outstanding debt owed by the Company to such officers will be settled in exchange for the issuance of 6,740,000 common shares of the Company to companies controlled by such officers at a price of $0.05 per share (the "Shares for Debt Transaction"). The shares will be subject to a hold period of four months plus one day from the date of issuance, in accordance with applicable securities legislation.
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