Xigem Technologies Corporation News Releases

Xigem Technologies Announces Closing of Shares for Debt Transactions

Tue, 19 May 2026 07:50:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 19, 2026) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), announces that pursuant to its previously announced shares for debt settlement on May 11, 2026, it has now closed the transaction.The Company has entered into debt settlement agreements with certain of its creditors (together, the "Creditors") to issue 10,464,595 common shares (the "Settlement Shares") to such Creditors in exchange for outstanding accounts payable...

Xigem Technologies Announces Intention to Issue Shares Pursuant to Debt Settlement

Mon, 11 May 2026 11:49:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 11, 2026) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), announces that it intends to enter into agreements with certain of its creditors to issue an aggregate of up to 10,464,595 common shares (the "Settlement Shares") to such creditors in exchange for the cancellation of outstanding accounts payable in the aggregate amount of up to $523,230 (the "Shares for Debt Transaction") owing to certain creditors (the...

Xigem Technologies Updates Status of Tripartite Loan Agreement: Customer Held in Default of Loan Obligations

Mon, 27 Apr 2026 18:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 27, 2026) - Xigem Technologies Corporation (CSE: XIGM) (FSE:VZ6) ("Xigem" or the "Company"), today updates the status of the tripartite loan agreement (the "TLA Facility") as it was detailed in its press release dated April 30, 2025. Under the terms of the TLA Facility, Physiomed Health Inc., an entity controlled by Dr. Scott Wilson, a Director of the Company, provided a credit facility of up to $500,000 to Xigem, which in turn advanced funds to...

Xigem Technologies Announces Intention to Adopt Semi Annual Reporting Under Coordinated Blanket Order 51-933

Wed, 15 Apr 2026 09:07:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 15, 2026) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), is pleased to announce that it intends to rely on the exemptions provided under Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Blanket Order") to transition to semi-annual financial reporting.The Company confirms that this news release is being filed pursuant to the Blanket Order. The Company intends...

Xigem Technologies Announces Closing of Funding Agreement to Support its EchoDigital Business Unit

Wed, 30 Apr 2025 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 30, 2025) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), is pleased to announce that further to its press release dated April 1, 2025, it has now closed the transaction set out in the tripartite loan agreement (the "TLA Facility") described in that press release. The TLA Facility provides up to $500,000 in capital to support the Company's EchoDigital business unit through an arrangement that provides funding to...

Xigem Technologies Secures Funding to Support its EchoDigital Business Unit

Tue, 01 Apr 2025 08:30:00 -0400

Toronto, Ontario--(Newsfile Corp. - April 1, 2025) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), is pleased to announce that on March 31, 2025, it entered into a tripartite loan agreement (the "TLA Facility") to provide up to $500,000 in capital to support its EchoDigital business unit through an arrangement that provides funding to a significant customer of the Company (as described below). The parties to the TLA Facility include: the Company, Carnance...

Xigem Technologies Announces Closing of Shares for Debt Transactions

Mon, 10 Mar 2025 17:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - March 10, 2025) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), announces that pursuant to its previously announced shares for debt settlement on February 27, 2025, it has now closed the transaction.The Company has entered into debt settlement agreements with certain of its creditors (together, the "Creditors") to issue 11,369,000 common shares (the "Settlement Shares") to such Creditors in exchange for outstanding accounts...

Xigem Technologies Announces Intention to Issue Shares Pursuant to Debt Settlement

Thu, 27 Feb 2025 17:30:00 -0500

Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6)("Xigem" or the "Company"), announces that it intends to enter into agreements with certain of its creditors to issue an aggregate of 11,845,666 common shares (the "Settlement Shares") to such creditors in exchange for the cancellation of outstanding accounts payable in the aggregate amount of up to $355,370 (the "Shares for Debt Transaction") owing to certain creditors (the...

Xigem Technologies Announces 260% Increase in Financial Performance for the 9 months ending Q3 2024 over Q3 2023

Tue, 26 Nov 2024 08:30:00 -0500

Toronto, Ontario--(Newsfile Corp. - November 26, 2024) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), is today pleased to provide its unaudited interim financial information for the three and nine-month fiscal periods ending September 30, 2024. In its third quarter of 2024, the Company realized gross sales of $167,624 with net sales of $5,028, as compared with gross sales of $0 and net sales of $0 for its third quarter of 2023. For the nine-month period...

Xigem Technologies Announces 221% Jump in Revenue and Gross Margin and Reduction in Comprehensive Loss for the 6 months period ending Q2 2024 over Q2 2023

Fri, 23 Aug 2024 08:00:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 23, 2024) - Xigem Technologies Corporation (CSE: XIGM) (FSE: VZ6) ("Xigem" or the "Company"), today is pleased to advise of its unaudited interim financial information for the three and six month periods ending June 30, 2024. The Company realised gross sales of $720,036 with net sales of $21,600 in its second fiscal quarter of 2024, as compared with gross sales of $0 and net sales of $0 for its second fiscal quarter of 2023. For the six month period...