NuRAN Wireless Inc C.NUR

Alternate Symbol(s): NRRWF

NuRAN Wireless Inc. is a Canada-based mobile and broadband wireless infrastructure solutions provider. The Company is focused on providing a network as a service. It provides second generation (2G), third generation (3G) and fourth generation wireless solutions to rural and remote areas. It operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and services to the mobile telephony industry. Its radio access network, core network and backhaul products give mobile network operators the ability to serve remote, low income and low population density locations, an unfeasible proposition with existing systems. Its wireless infrastructure systems are mobile wireless infrastructure equipment that uses small cell solutions. Its products include OC-2G, Litecell-xG and global system for mobile communications (GSM) LiteCell. Its tower categories include Lite Rural Site 2G, and Rural G2U2 Site 2G and 3G.

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NuRAN Wireless Inc > Clarification on financing

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Comment by lscfaon Mar 18, 2022 10:34am

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Post# 34525160

RE:RE:Clarification on financing

Seems like there is more than 1 error in NR. WTF is 19? Debt is issued in face value amouints of $1000.

"the initial tranche of the debenture facility will consist of up to 19 convertible debentures and have an anticipated drawdown amount of $5,000,000