The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 28, 2023.
Convertible debenture: $250,000 principal amount
Conversion price: convertible into up to one million common shares at 25 cents per share until maturity
Maturity date: one year from issuance
Interest rate: 15 per cent per annum
Number of placees: one placee
The company issued a news release on Dec. 28, 2023, confirming the closing of the private placement.
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