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High Tide Inc
Symbol HITI
Shares Issued 436,153,806
Close 2020-12-17 C$ 0.235
Recent Sedar Documents

High Tide $1,000,172 debenture private placement

2020-12-17 19:29 ET - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Dec. 16, 2020, pursuant to an amended credit facility with Windsor Private Capital.

Convertible debenture:  $1,000,172.37 in principal amount of secured convertible debentures

Conversion price:  convertible into common shares of the company at a price per share equal to 17 cents

Maturity date:  Dec. 31, 2022

Prepayment:  The company will have the option to prepay all or a portion of the debentures, at any time or from time to time, upon 30 days of prior written notice to the lender. Partial prepayments must be in the amounts of not less than $250,000.

Interest rate:  10 per cent per annum with accrued interest payable monthly, in arrears, on the last day of each calendar month

Number of placees:  one placee

Insider/pro group participation:  none

Finder's fee:  none

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