Reklaim Ltd Announces Participation In Three Investor Conferences & Further Debt Reduction
Further debt reduction reduces the company’s total debt by 32% in Fiscal 2023
New York, New York, September 11, 2023 –Reklaim Ltd. (TSXV: MYID) (OTC: MYIDF) (the “Company”) the destination for consumers to access and reclaim their data, announces that Reklaim CEO & Founder Neil Sweeney will be attending three investor conferences in the coming months to expand the awareness of Reklaim;
CEM Muskoka, Canada Sept 29th-30th
LD Micro, Los Angeles Oct 3rd-5th
AlphaNorth Capital Event, Jan 19th-21 Nassau, Bahamas
If you would like to book a time with the Reklaim team at one of these events, please contact investorrelations@reklaimyours.com.
Additionally, the company is pleased to announce that it closed a debt settlement agreement executed on July 11, 2023, to satisfy certain outstanding indebtedness owed to a specific arm's length creditor (the "Creditor") through the issuance of common shares (the "Common Shares") of the Company (the "Debt Settlement"). The Company plans to settle indebtedness of $100,000 by issuing 2,000,000 Common Shares of Reklaim Ltd. at a deemed price of $0.05 per Common Share. In addition, the Common Shares issued pursuant to the Debt Settlement will be subject to a four-month hold period from the date of issuance. The company has now reduced its debt by 32% this fiscal year.
Corporate Update
The company also wishes to announce that Kevin Shea has stepped down from the Company’s Board of Directors, effective September 8, 2023. As a thank you for his service to the Company, he will be issued $10,000 of Restricted Share Units (“RSUS) valued at $0.085.
About Reklaim Ltd.
Reklaim allows consumers to visit the platform, confirm their identity, and unveil data collected and sold for years without the consumer’s explicit consent. Reklaim enables consumers to take back control of their data by setting up a Reklaim account through which they can be compensated for their data. To view more information about Reklaim, visit www.reklaimyours.com.
For further information, please contact:
Ira Levy, CFO
1-855-908-DATA
