- CleanGo Innovations (OTCQB:CLGOF) announced a private placement and debt settlement consisting of the issuance of up to 1,251,988 common shares of the company.
- The issuance will settle debt related to trade accounts payable of up to $138,196 owed to an insider creditor in consideration for the issuance of up to 394,845 common shares.
- Concurrently, the company will be offering up to 857,143 common shares through a private placement unit offering to qualified existing and new investors.
- The units are composed of one common shares and one-half share purchase warrant.
