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Grounded People Apparel Completes Debt Settlements
VANCOUVER, British Columbia — March 9, 2026 — Leads & Copy — Grounded People Apparel Inc. has completed its previously announced debt settlements, issuing 4,500,000 common shares at $0.10 per share to settle $450,000 of outstanding indebtedness.
The debt settlement was initially announced on March 2, 2026. All securities issued are subject to a four-month and one-day hold period, as required by applicable securities laws.
Grounded People Apparel Inc. is publicly traded on the Canadian Securities Exchange. The company is currently undertaking a strategic review of its business and assessing potential opportunities in emerging sectors, emphasizing prudent execution and shareholder value.
Maximilian Justus, Chief Executive Officer, made the announcement on behalf of the Board of Directors.
This news release contains forward-looking statements that are subject to risks and uncertainties. The Company disclaims any intention or obligation to update or revise any forward-looking statements, except as required by law.
Neither the CSE nor its Market Regulator accepts responsibility for the adequacy or accuracy of this release.
Source: Grounded People Apparel Inc.