The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced June 22, 2020.
Convertible debenture: $500,000
Conversion price: convertible at five cents into 10 million units, each consisting of one common share and one common share purchase warrant
Maturity date: one year from issuance
Warrants: Each warrant will have a term of five years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of five cents.
Interest rate: 15 per cent per annum
Number of placees: one placee
© 2024 Canjex Publishing Ltd. All rights reserved.