Form 8-K for LEXARIA CORP.
12-Dec-2014
Entry into a Material Definitive Agreement, Regulation FD Disclosure
Item 1.01 Entry into a Material Definitive Agreement Item 3.02 Unregistered Sales of Equity SecuritiesOn December 12, 2014, the Company issued 238,094 common shares valued at $25,000 at $0.105 per share to Michelle Reillo and Marian Washington as per PoViva agreement signed on November 12, 2014.
The Company issued the units to two (2) US persons pursuant to the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act 1933, as amended. Each of the subscribers represented that they were an “accredited investor” as such term is defined in Regulation D.
Item 7.01 Regulation FD Disclosure.A copy of the news release announcing the share issuance is filed as exhibit 99.1 to this current report and is hereby incorporated by reference.
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