Purebase issues 8.88M shares to US Mine Corp. for note conversion, eliminating $1.53M debt

Purebase Corp

8,877,923 common shares issued to US Mine Corp. to convert $1,525,676.42 principal plus $87,210.83 interest.
2022 Notes converted at $0.39/share (three notes totaling $919,209.58); 2023 Notes at $0.10/share ($606,467.84).
All amounts deemed paid-in-full and notes cancelled; no further obligations to US Mine Corp.
CEO A. Scott Dockter and director John Bremer are also officers/directors/shareholders of US Mine Corp.
Issuance exempt under Section 4(a)(2) and Rule 506(b); no public offering.

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