TSX-V: EWK
VANCOUVER, BC, April 10,
2024 /CNW/ - Earthworks Industries Inc. (the
"Company") has, in earlier emails, detailed the Agreement with
North Bay Corporation ("North Bay") to settle the Company's
previously existing debt to North
Bay by the payment of $US
2,150,000, together with approximately $US 100,000 interest, on or before April 15, 2024. The North Bay Agreement
granted to the Company an option to extend the deadline date for
the payments until November 15,
2024.
Effective April 8, 2024, the
Company exercised the option to extend the deadline date for the
payments to November 15, 2024.
The Company anticipates signing an agreement with North Bay confirming the details and terms of
the extension of the payment date. The extension will be
subject to acceptance for filing by the TSX Venture Exchange.
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this News Release.
SOURCE Earthworks Industries Inc.