Saturn NEWShttps://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aSMI-2479340 Saturn issues $1-million promissory note to Digistore24 2017-06-09 18:01 ET - News Release Mr. John Jeffrey reports SATURN OIL + GAS ANNOUNCES FINANCING Saturn Oil & Gas Inc. has entered into a credit agreement with Digistore24 GmbH, whereby the company is to obtain financing by way of a secured convertible promissory note in the principal amount of $1-million. The proceeds of the financing will be used for general working capital purposes. The note is secured against the company's interests in certain petroleum and natural gas leases located in the province of Saskatchewan and certain exploration permits in areas located directly above the potash exclusion zone in eastern Saskatchewan. The note will bear interest at a rate of 5 per cent per annum, accrued and calculated monthly, and will mature on May 15, 2018. At the option of the lender, the note is convertible into common shares of the company at a price of 10 cents per common share, as permitted by the policies of the TSX Venture Exchange. The completion of the financing remains subject to exchange approval. The note, and any securities issued by the company upon conversion of the note, is subject to a four-month-and-a-day statutory hold period. About Saturn Oil + Gas Inc. Saturn Oil and Gas | wallstreet-online.de - Vollstndige Diskussion unter: https://www.wallstreet-online.de/diskussion/1245380-101-110/saturn-oil-and-gas