Unless I'm missing something, the bolded part of the announcement text below says they're not paying anything for the shares:
3A.9b Please describe the consideration being provided to buy back the +securities
Average $0.56 per share
Extinguishing of loans totalling $1,456,764 originally advanced to employees for the purchase of the incentive shares
being cancelled. No cash is payable by the Company for the buy-back.
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