GREY:MMNFQ - Post by User
Post by
PotLuck444on Jul 14, 2020 8:51am
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Post# 31264331
MMEN should be no less then 38 cents Canadian
MMEN should be no less then 38 cents Canadianas of June 30, 2020, was amended to 34 U.S. cents per Class B subordinate voting share of the company. As additional consideration, a fee of $2.0-million (U.S.) was paid to the lenders under the convertible facility through the issuance of additional notes, which notes have a conversion price per subordinate voting share equal to 28 U.S. cents, which represents a 30-per-cent premium to the five-day volume-weighted average trading price of the subordinate voting shares as of and including June 30, 2020.