RE:RE:RE:$4 million $.80 Convertable Debenture:
Like the deal eventhough as a general rule I can't stand debentures.
FYI:
PyroGenesis will pay the Agent a cash commission equal to 6.5% of the aggregate gross proceeds of the Offering. As additional consideration, PyroGenesis has also granted the Agent a number of Broker Warrants (the "Broker Warrants") equal to 5% of the Debentures issued pursuant to the Offering divided by
$0.60. Each Broker Warrant shall entitle the holder thereof to acquire a Common Share at a price of
$0.60 for a period of 24 months from the closing date.
Read more at https://www.stockhouse.com/news/press-releases/2015/03/17/pyrogenesis-announces-an-unsecured-subordinated-convertible-debenture-private#4GZ04svQD8JfO8JK.99