Mr. Lucky Janda reports
AAPKI VENTURES INC. ANNOUNCES DEBENTURE FINANCING
Aapki Ventures Inc., formerly Pushfor Tech Inc., intends to conduct a non-brokered private placement of unsecured convertible debentures with an aggregate principal amount of up to $500,000. This debenture will allow investors to convert their debentures into units of the company at a conversion price of five cents per unit.
zEach unit will comprise one common share and one share purchase warrant. The warrants are exercisable at five cents, granting the holder the right to purchase additional common shares for a period of three years following the issuance.
The debentures mature on the date that is 12 months from the date of issuance and bear interest at a rate of 10 per cent per annum from the closing date, payable on the earlier of the maturity date or the conversion date.
The proceeds of the financing will be used for the expansion of the company's business and for general corporate purposes.
About Aapki Ventures Inc.
Aapki Ventures is a diversified industry corporation and seeks investment in various projects and corporations to bring value to its shareholders.
We seek Safe Harbor.
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