The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Aug. 23, 2018, Sept. 20, 2018, and April 22, 2019.
Convertible debenture: $750,000 (U.S.) principal amount
Conversion price: convertible into shares at eight Canadian cents of principal amount outstanding per share in the first year and at 10 cents thereafter until maturity
Maturity date: two years from issuance
Interest rate: 12-month U.S.-dollar Libor (London interbank offered rate) plus 10 per cent per annum
Number of placees: one placee
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