DGTL issues 2.89M shares for debenture conversion An anonymous director reports
DGTL HOLDINGS INC. REPORTS CONVERSION OF DEBENTURES INTO EQUITY
In accordance with the terms and conditions of the unsecured convertible debenture units issued on March 1, 2022, DGTL Holdings Inc. has received all formal conversion notices from the debenture unit holders to issue 2,893,333 common shares of the company as settlement on an aggregate principal amount of $868,000, following a previous issuance of 666,667 common shares for the settlement of $200,000 of debenture units, which took place last year on Feb. 27, 2023. All common shares have been, and will be, issued at the conversion price of 30 cents per common share. The total issued and outstanding common shares of the company following the conversion of the debenture units is 63,985,104.