10:43:29 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Intrinsic4D Inc
Symbol IFD
Shares Issued 14,369,432
Close 2016-05-18 C$ 0.30
Market Cap C$ 4,310,830
Recent Sedar Documents

Intrinsic4D $2,327,000 debenture private placement

2016-05-26 17:53 ET - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced March 18, 2016.

Convertible debentures:  $2,327,000

Conversion price:  convertible into shares at 40 cents of principal per share until maturity

Maturity date:  five years from issuance

Interest rate:  10.5 per cent per year

Warrants:  465,400 detachable share purchase warrants to purchase 465,400 shares

Warrant exercise price:  40 cents for a two-year period

Number of placees:  51 placees

Total pro group involvement:  $310,000 (six placees)

Agents' fees:  an aggregate of $129,590 plus 323,975 broker warrants (each exercisable into one common share at a price of 40 cents for a two-year period), payable to Gravitas Securities Inc., P.S. Securities (USA) Inc. and Echelon Wealth Partners Inc.

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