Tivan Ltd V.TVN

Primary Symbol: TNGZF

Metals & Mining Industrial Metals & Minerals

Tivan Limited is a critical minerals company primarily focused on the development of vanadiferous titanomagnetite (VTM) projects in Australia. The Company's projects include Speewah, Mount Peake, Sandover, Kulgera and Moonlight. The Company owns two large vanadiferous titanomagnetite deposits, the Speewah Vanadium-Titanium-Iron Project located 110 kilometers (km) southwest of Kununurra in Western Australia, and the Mount Peake Vanadium-Titanium-Iron Project located 230 km north of Alice Springs in the Northern Territory, Australia. The Sandover Project covers an area of over 8,000 square kilometers (km2) and is considered prospective to host lithium-bearing pegmatites, and also sediment-hosted copper and iron oxide copper-gold deposits. The Kulgera Project cover an area of around 1,231 km2. The Moonlight Project has two exploration licenses. The Company's projects also include Cawse Extended and Kintore East. It has developed a mineral processing technology - TIVAN+.

OTCPK:TNGZF - Post by User

Tivan Ltd > Debentures

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Comment by Aiodoson Jul 22, 2016 11:21am

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Post# 25075869

RE:RE:RE:RE:RE:RE:RE:RE:RE:Debentures

deleuze68 wrote:

Only the holder has the option to convert at 92 cents. The company can not force conversion at that price. If the company does force conversion (which is extremely unlikely as only distressed companies who have broken covenants are allowed to do so) then it would be based on a VWAP. See Weq.to as a recent example that forced conversion.

Thanks. Laurentian Securities is forecasting an additional $15 million in debt financing in H2 2016 and an additional $15 million of equity financing in 2016. Does this still seem realistic?

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A junior copper-gold stock trading at a bargain of monumental proportions