The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 10, 2014.
Convertible debenture: $50,000
Conversion price: Convertible into common shares at five cents of principal outstanding per share in the first year and 10 cents per share in the second year
Maturity date: Sept. 16, 2016
Warrants: One million share purchase warrants attached to purchase one million shares
Warrant exercise price: Seven cents for a two-year period
Interest rate: 12 per cent per year
Number of placees: One placee
© 2024 Canjex Publishing Ltd. All rights reserved.