05:20:16 EDT Sat 24 May 2025
Enter Symbol
or Name
USA
CA



Direct Communication Solutions Inc (2)
Symbol DCSI
Shares Issued 2,305,079
Close 2024-10-11 C$ 3.01
Market Cap C$ 6,938,288
Recent Sedar Documents

Direct Communication closes $350,000 (U.S.) in loans

2024-10-15 12:24 ET - News Release

Mr. Bill Espley reports

DCS CLOSES LOAN AGREEMENTS AND ISSUES 50,000 SHARE PURCHASE WARRANTS

Further to its news release dated Sept. 4, 2024, Direct Communication Solutions Inc. has completed and closed four loan agreements with several creditors for an aggregate principal amount of $350,000 (U.S.) ($480,150 (Canadian)) with interest charges of 19 per cent and 15 per cent per annum on the principal.

Further, as an additional consideration for agreeing to fund the proceeds of the loan agreements, Direct Communication Solutions has granted 50,000 warrants to the creditors to purchase up to 50,000 shares of common stock of Direct Communication Solutions where each warrant will entitle the holder to purchase one share of common stock of Direct Communication Solutions for 24 months from the date of issuance of the warrants at an exercise price of $2 ($1.48 (U.S.)).

About Direct Communication Solutions Inc.

Direct Communication is a technology solutions integrator focusing on connecting the Internet of Things. It provides real solutions that solve real problems. Its software applications and scalable cloud services collect and assess business-critical data from all types of assets.

We seek Safe Harbor.

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