Prospect Park debenture investment in Diitalk
2021-04-27 15:31 PT - Property Agreement
The TSX Venture Exchange has accepted for filing documentation pertaining to a Diitalk Communications Inc. convertible debenture dated April 12, 2021, between the company and Diitalk Communications (the debtor), whereby the company advanced $150,000 principal amount. Maturing two years from issuance, the advance will carry interest at 10.0 per cent per annum, payable semi-annually.
Under the terms of the agreement, the company may convert, in whole or in part, the outstanding principal amount into common shares of the debtor at two cents per share.
For more information, please refer to the company's news release dated April 12, 2021.
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