22:09:55 EDT Tue 21 May 2024
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Fincanna Capital extends maturity date of debentures

2024-01-17 16:28 ET - News Release

Mr. Vern Vipul reports

FINCANNA CAPITAL CORP. AMENDS TERMS OF CONVERTIBLE DEBENTURES

Fincanna Capital Corp. has received debenture holder approval to amend its outstanding convertible debentures to extend the maturity date by a further 12 months (see press release dated Feb. 17, 2023).

The company previously issued convertible debentures, as amended from time to time, in February, 2019, and July, 2020. The convertible debentures, as amended, mature on Jan. 10, 2025, and Feb. 8, 2025, respectively, and bear interest at 12 per cent per annum.

About Fincanna Capital Corp.

Fincanna was an investment company providing growth capital to rapidly emerging private companies operating in the licensed United States cannabis industry. Fincanna no longer has active business operations. For additional information visit Fincanna's profile at SEDAR+.

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