December 18, 2017, Vancouver, BC — Zadar Ventures Ltd. (“Zadar” or the “Company“) reports that it has entered into a shares for debt agreement (the “Settlement“) with a creditor of a Company whereby the Company intends to settle $105,368 in debt in consideration of the issuance of 1,317,100 common shares of the Company at a deemed price of $0.08 per share. Issuance of the shares will not result in the creation of a new control person.
The Settlement is subject to the approval of the TSX Venture Exchange and the shares to be issued will be subject to a four-month hold period from the date of issuance.
Zadar is a resource company focused on the acquisition and exploration of economically viable green energy resources in jurisdictions favorable to mining and industry. For more information please visit the Company’s website at www.zadarventures.com.
For further information, please contact:
Yana Bobrovskaya, Director
Phone: 604.608.6314 or toll free: 1.877.324.7245