Indiva Announces Shares for Debt Transaction

Oct 31, 2020

LONDON, Ontario, Oct. 30, 2020 (GLOBE NEWSWIRE) -- Indiva Limited (the “Company” or “Indiva”) (TSXV:NDVA, Financial) (OTCQX:NDVAF) is pleased to announce that it has entered into a shares for debt agreement (the "Agreement"), to satisfy an aggregate of $177,805.20 of the Company’s outstanding debt (the "Indebtedness") related to certain trade payables for products and services provided to the Company. An aggregate of 740,855 common shares in the capital of the Company (the "Shares") at a deemed price of $0.24 per Share are proposed to be issued to the creditor.

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