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A.C.L. Construction to settle $234K debt by issuing nearly 2M shares, pending TSXV approval

Company Fundamentals
23 Sep 2026
TheNewswire
View Source
Neutral
A.C.L. Construction to settle $234K debt by issuing nearly 2M shares, pending TSXV approval

A.C.L. Construction Ltd. plans to settle $234,495.01 of debt owed to company insiders by issuing 1,954,123 common shares at $0.12 each, subject to TSX Venture Exchange approval. This debt settlement involves loans from a director, an officer, and a related corporation, making it a related party transaction exempt from formal valuation and minority approval due to its size relative to market capitalization. After the transaction, the company will have 75,592,864 shares outstanding, with the new shares subject to a four-month hold period. This move helps the company manage its liabilities while maintaining compliance with securities regulations.

A.C.L. Construction Ltd.'s debt settlement plan is presented here with Pluang's Industrials sector data as of Sep 23, 2026 19:51 WIB. For readers following Industrials, 28 of 93 US stocks rose and 62 fell today. Notable movers include American Superconductor Corporation (AMSC) at USD 31.91 with a +2.14% change and a typical hold time of 29 days, Huntington Ingalls Industries Inc (HII) at USD 275.87 with a +1.82% change and Pluang order activity showing 43% Sell / 57% Buy, and Ryanair Holdings plc (RYAAY) at USD 54.90 with a -1.70% change and 100% Sell order activity.

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