HIRE Technologies Announces Debenture Interest Payment in Equity

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Jan 21, 2023

TORONTO, ON / ACCESSWIRE / January 20, 2023 / HIRE Technologies Inc. (TSXV:HIRE, Financial)(OTCQB:HIRRF) ("HIRE" or the "Company"), a company focused on modernizing and digitizing human resources solutions, today announces further to its news release dated January 19, 2023, that it has satisfied its obligation to pay $73,620 in interest to the holders of its 9% unsecured debentures issued August 21 and 24, 2020 (the "Debentures") as of December 31, 2022, by issuing 2,103,425, common shares of the Company. The common shares were issued at a deemed price of $0.035 per share in full satisfaction of the December 31 interest payment obligation in accordance with the terms of the Debentures.