Red White & Bloom settles debt with advisor via share issuance in 2025
Red White & Bloom Brands Inc. (CSE: RWB) has released its latest financial results for the quarter ending September 30, 2025. The company has also announced a debt settlement deal with a former advisor, Peter Megaw, involving a significant share issuance to clear past obligations.
The debt settlement agreement will see RWB issue 375,000 common shares to Megaw. These shares will be priced at the lower of either $0.05 or the 20-day volume-weighted average price recorded on November 28, 2025. The transaction is set to finalise around December 8, 2025.
The settlement resolves outstanding obligations to Megaw through share-based payment. Investors and stakeholders can review the latest financial details on Yahoo Finance. The hold period on the newly issued shares will apply until mid-April 2026.