Photis Peter Pascali convertible debenturesPYROGENESIS AMENDS TERMS OF BROKERED PRIVATE PLACEMENT OF CONVERTIBLE DEBENTURE UNITS, INCLUDING PARTICIPATION BY CEO
July 10, 2024
https://ir.pyrogenesis.com/news-releases/news-release-details/pyrogenesis-amends-terms-brokered-private-placement-convertible/ "In connection with the Offering, P. Peter Pascali, President, CEO, and Director intends to subscribe for up to C$2,000,000 of Convertible Debenture Units.
Pursuant to the amended terms, each Convertible Debenture Unit will consist of one 10.0% unsecured convertible debenture of the Company (a “Convertible Debenture”) with a maturity of 36 months from the date of issuance (the “Maturity Date”) and 1,000 common share purchase warrants of the Company (each, a “Warrant”). Each Warrant shall entitle the holder thereof to acquire one common share (each, a “Common Share”) at an exercise price of C$1.25 for a period of 24 months following the Closing Date (as defined below)."
Good luck to All!