LOOPShare Ltd.: LOOPShare Announces Settlement of Outstanding Litigation
LOOPShare Ltd.: LOOPShare Announces Settlement of Outstanding Litigation Vancouver, British Columbia--(Newsfile Corp. - December 11, 2020) - LOOPShare Ltd. (TSXV: LOOP) (OTC Pink: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") announces that it has reach a settlement in its outstanding litigation with its founder, former President and Chief Executive Officer, Mr. Anwar Sukkarie ("Sukkarie"). The material terms of the settlement are as follows: The Company shall make a cash payment of Cdn$50,000 to Sukkarie and issue him 600,000 class "A" common shares (the "Shares"). The Company shall tran...
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