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Elixxer Ltd V.ELXR


Primary Symbol: V.ELXR.H Alternate Symbol(s):  ELIXF

Financial Services Asset Management
Elixxer Ltd. is a Canada-based investment company. The Company has investments and activities in the legal cannabis sector. The Company is focused on investing opportunities in various sectors, with a priority on growth companies that are past the start-up phase.


TSXV:ELXR.H - Post by User

Elixxer Ltd > ELXR ANNOUNCES AMENDMENT TO PROPOSED DEBT SETTLEMENT
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Comment by Stockparty1on Mar 11, 2021 11:57am
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Post# 32772991

RE:RE:RE:ELXR ANNOUNCES AMENDMENT TO PROPOSED DEBT SETTLEMENT

RE:RE:RE:ELXR ANNOUNCES AMENDMENT TO PROPOSED DEBT SETTLEMENT

The upside of the debt convsersion is that there will he approx $6-7m of debt left in the company with over between $20-25m of assets so the company is in a good net asset position from a solvency perspective.
There should be a good chunk of the last AIP loan in cash  left but will know at the end of March. 

AIP are running the show so they may appoint a CEO to might be able to move the business in the right direction.

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