04:47:37 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



NetCents Technology Inc
Symbol NC
Shares Issued 34,790,251
Close 2017-10-19 C$ 0.48
Market Cap C$ 16,699,320
Recent Sedar Documents

NetCents to convert $267,829 of debt into shares

2017-10-19 16:44 ET - News Release

Mr. Clayton Moore reports

NETCENTS CONVERTS DEBT TO COMMON SHARES

NetCents Technology Inc. will effect a debt conversion of $267,829.98 owing to HCG6 LP, a third party, unrelated private company. The debt conversion will comprise units of NetCents Technology, each unit comprising one common share at 30 cents per share and one warrant exercisable at 40 cents per share. The debt conversion will result in the issuance of 892,766 common shares, representing 2.63 per cent of the increased share capital of NetCents Technology, and 892,766 warrants, representing 18.95 per cent of the increased and outstanding warrants. No commission is payable in relation to the debt conversion. The total amount of NetCents shares issued and outstanding is now 34,790,251.

About NetCents Technology Inc.

NetCents is a next-generation on-line payment processing platform, offering consumers and merchants on-line services for managing electronic payments. The company is focused on capturing the migration from cash to digital currency by utilizing innovative blockchain technology to provide payment solutions that are simple to use, secure and worry free. NetCents works with its financial partners, mobile operators, exchanges and others to streamline the user experience of transacting on-line.

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