Tantalex Lithium Resources intends to settle outstanding debts with various creditors at arm's length. The Corporation will settle its outstanding debt with International Cobalt in the amount of CDN$5,324,275.30 by issuing an aggregate of 106,485,506 common shares in the capital of the Corporation at a price of CDN$0.05 per Common Share as well by issuing 50,000,000 common shares purchase warrants , exercisable into 50,000,000 Common Shares at a price of $0.10 for a period of thirty months from issuance. This debt stems from multiple unsecured convertible debentures of principal amounts of USD$2,100,000 and CDN$800,000 entered into between the parties in 2018 and in 2020 bearing an interest rate of 4% and were originally ...