08:01:33 EDT Tue 23 Apr 2024
Enter Symbol
or Name
USA
CA



West Mountain Capital Corp
Symbol WMT
Shares Issued 37,891,332
Close 2014-04-24 C$ 0.215
Market Cap C$ 8,146,636
Recent Sedar Documents

West Mountain $3-million (U.S.) convertible financing

2014-04-24 20:13 ET - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for West Mountain Capital Corp. announced Nov. 20, 2014, and Jan. 30, 2014:

Convertible debenture:  $3-million (U.S.)

Conversion price:  convertible into common shares 32 cents of principal outstanding in year one and at 50 cents up to the maturity date

Maturity date:  two years from date of issuance

Interest rate:  6.5 per cent

Placee:  one

Insider:  Jereh Energy Services Corp. (Kunxiao Wang, Cloris Chen) $3-million (U.S.)

There is no finder's fee.

The exchange acknowledges receipt of disinterested shareholder approval obtained via the written consent authorizing Jereh Energy Services as control person of the company. For further information please see the company's press release dated Jan. 24, 2014.

© 2024 Canjex Publishing Ltd. All rights reserved.