FYI - 24 Feb 2023 investment ... Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - World Class Extractions Inc. (CSE: PUMP) (FSE: WCF) (OTCQB: WCEXF) ("World Class") is pleased to announce it has made an investment into The Hash Corporation (CSE: REZN) ("HashCo") by way of a secured convertible debenture.
On February 24, 2023, HashCo issued a secured convertible debenture in the amount of $750,000 (the "HashDebenture") to World Class. The Hash Debenture bears interest at 5% per annum, and matures on May 31, 2023 (the "Maturity Date").
World Class has the option to convert the Hash Debenture, including accrued but unpaid interest, into common shares of HashCo at $0.05 per common share.
The use of proceeds of the Hash Debenture will be to fund HashCo's purchase orders.