Red White & Bloom Settles Debt by Issuing 375,000 Shares to Former Consultant
Red White & Bloom Brands Inc. has announced a debt settlement with a former consultant. The agreement involves issuing 375,000 common shares to resolve outstanding obligations. This move follows the company’s recent filing of interim financial statements for the period ending September 30, 2025.
The settlement will see the former consultant receive shares instead of cash. The price per share will be determined by the lower of two figures: either $0.05 or the twenty-day volume-weighted average price as of November 28, 2025.
The debt settlement reduces Red White & Bloom’s liabilities by converting them into equity. The shares involved will remain restricted for over four months after issuance. Finalisation of the deal is expected within the next few weeks.
