GREY:BZAMF - Post by User
Comment by
stockhorse10on Nov 14, 2019 11:37am
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Post# 30350957
RE:RE:RE:RE:RE:Signs Arrangements for Up to $103 Million in Funding
RE:RE:RE:RE:RE:Signs Arrangements for Up to $103 Million in FundingTaoTrader1 wrote: The problem, is its unclear at what rate the note converts. No disclosure on the conversion price was provided. The debt carries a 5% coupon. Only US$10 million will be provided upon closing to TGOD, with the remainder provided as the note is converted to equity.
Plus $23M in the lease back sale (of a percentage?) of Ancaster.. while they have the option of re purchasing Ancaster at $1.00 .. there was no word on the lease payment schedule.