RE:RE:RE:RE:RE:RE:achat d'initié 449 000 actionsWow They are sitting on a gold mine....
The Loan is secured by ProMetic’s assets, excluding its patent portfolio. The redemption value of the Loan implies a compounded annual interest rate of 9%. No interest or principal is required to be repaid prior to the fifth anniversary of the Loan. As part of this transaction, ProMetic has granted Thomvest a warrant to purchase 16,723,807 common shares at an exercise price of $1.87 per common share price for a term of eight (8) years. The proceeds received by ProMetic from the exercise of all of the warrants would be sufficient to redeem the Loan in its entirety