Voxtur Announces the Issuance of Shares in Connection with the Acquisition of MTE
TORONTO and Tampa, Fla., Feb. 02, 2024 (GLOBE NEWSWIRE) — Voxtur Analytics Corp. (TSXV: VXTR; OTCQB:VXTRF) (“Voxtur” or the “Company”), a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that pursuant to the prior press release dated July 5, 2022, the Company intends to issue (the “Issuance”) an aggregate of 5,500,000 common shares in the capital of the Company (the “Common Shares”) at a deemed price of $0.094 per share in lieu of cash payable for the aggregate amount of $500,000 (being the outstanding cash balance of the remaining purchase price for the acquisition of Municipal Tax Equity Consultants Inc. and MTE Paralegal Professional Corporation (collectively, “MTE”)), held in escrow for 18 months pursuant to an escrow agreement between the Company, the escrow agent, the seller and the guarantor (the “Escrow Amount”).
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