LATEST NEWS,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,So IT is Now OFFICIA__ SIGNED, SEALED, DELIVERED__the LIND DEAL that is
With ALL the GOODIES__10% INTEREST__Convertible into CHEAPIES__all WRAPPED UP
with CHEAPIE Warrants.
Dramatically DIFFERENT from the DEAL with IXM Project Finance FACILITY Signed
on Oct 28th
Trigon Metals $5.5-million debenture private placement
2022-05-09 16:51 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced April 28, 2022.
Convertible debenture: $5.5-million
Conversion price: convertible into shares at 33.5 cents per share of the principal outstanding less a closing fee of $165,000
Maturity date: May 4, 2024 -- 24 months from the date of closing
Interest rate: 10 per cent per annum (The interest may be paid in cash or in shares with separate exchange approval.)
Warrants: 15,925,373 share purchase warrants to purchase 15,925,373 shares
Warrant exercise price: 35 cents per share for a period of 24 months expiring on May 4, 2024
Number of placees: one placee