Valdor Announces Closing Of Debt Settlement

The preconcourse of creditors is a legal figure that allows a company experiencing financial difficulties to transfer its intention to start negotiations with creditors to reach a restructuring plan. Through the tool, companies or natural persons in this situation can gain time to reorganize themselves before having to apply for the contest of creditors in a formal way.

Valdor Announces Closing Of Debt Settlement

Vancouver, B.C. – May 16, 2025 – TheNewswire - Valdor Technology International Inc. (“Valdor” or the “Company”) (CSE: VTI), a provider of advanced fiber optic components, announces that it has closed its previously announced debt settlement agreement (the “Settlement Agreement”) to settle an outstanding debt owed to an arm’s length creditor (the “Creditor”) totaling $105,000 (the “Debt Settlement”). Pursuant to the Settlement Agreement, the Comp…