NuGen Medical Devices Inc. is pleased to announce that, further to its press release of January 20, 2022, it has settled an aggregate of $500,000 of indebtedness owed to an arm’s length creditor with respect to royalty payments due to the Creditor through the issuance of an aggregate of 1,644,736 common shares of the Company at a price of $0.304 per Common Share.
February 2, 2022
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