RE:RE:Key information re the recent financing
Renaissance Oil $5-million debenture private placement
2019-03-15 19:22 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Feb. 20, 2019.
Convertible debenture: $5-million
Conversion price: convertible into shares at a price of 25 cents of principal outstanding
Maturity date: five years
Interest rate: 8 per cent per annum, accrued daily, cumulative and payable quarterly in arrears (Payment may be made in shares subject to separate exchange approval.)
Number of placees: four placees
Finder's fee: BMO Nesbitt Burns Inc. receives 1,724,137 shares.
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