GREY:CATXF - Post by User
Post by
waitingstillon Sep 24, 2013 3:00pm
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Post# 21763988
Money in the bank
Money in the bankLooks like Greenslade is the only insider in on this one. Catalyst Copper $300,000 convertible debenture 2013-09-23 16:23 ET - Private Placement - Debenture The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Sept. 13, 2013. Convertible debenture: $300,000 Conversion price: five cents per unit in the first year; 10 cents per unit in the remaining four years; each unit consists of one share and one share purchase warrant Maturity date: five years from closing Warrants: Each warrant will have a term of five years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of five cents per share for a five-year period. Interest rate: 10 per cent per year Placees: three Insiders: John Greenslade $100,000; Kendron Petroleum Management Corp. (John Greenslade) $50,000 © 2013 Canjex Publishing Ltd. All rights reserved.