GREY:NEVDQ - Post by User
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Notgnuon Oct 13, 2021 3:02pm
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Post# 34002302
RE:RE:RE:RE:Who thinks someone friendly to >>>
RE:RE:RE:RE:Who thinks someone friendly to >>> That portion stands separate from the warrant issue. It opperates as a 'convertable debenture"... a loan that can be converted to equity under certin conditions precedent.
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patchh wrote: Should the company complete one or more equity financings in the future, Pala will be entitled to equitize and/or convert up to $35-million (U.S.) of principal loan amounts outstanding under the amended credit facility into new common shares of the company on the same terms of any such financing.