NEWS NEWS NEWS...right off the press! herma Bright 200,000 shares for debt
Therma Bright Inc (C:THRM)
Shares Issued 218,382,283
Last Close 5/26/2021 $0.37
Wednesday May 26 2021 - Shares for Debt
The TSX Venture Exchange has accepted for filing the company's proposal to issue 200,000 common shares at a deemed value of 50 cents per share and 100,000 warrants, with each warrant exercisable into one common share at 60 cents for a two-year period, to settle outstanding debt for $100,000.
Number of creditors:one creditor Warrants:100,000 share purchase warrants to purchase 100,000 shares Warrant exercise price:60 cents for a two-year period
For further information, please refer to the company's news release dated April 22, 2021. The company shall issue a news release when the shares are issued and the debt extinguished.
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