Vancouver, Canada, October 10, 2025 – StrategX Elements Corp. (CSE: STGX) (“StrategX” or the “Company”) announces that further to its news release of October 3, 2025, it has now issued an aggregate of 2,342,304 common shares at a deemed price of $0.18 per share to settle aggregate debt of $421,615. All common shares issued in connection with these debt settlements will have a hold period expiring February 11, 2026, in accordance with the policies of the CSE and applicable securities laws.
Some of these debt settlements constituted related party transactions within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”) as certain directors and officers of the Company were were issued an aggregate of 1,269,805 common shares in settlement of an aggregate of $228,565 debt. The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61- 101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101, as the fair market value of the participation in these debt settlement transactions by the related parties does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.
