Post by
farml1234 on Apr 19, 2021 8:11pm
ROE does not have much debt
VANCOUVER, BC , March 1, 2021 /CNW/ - Renaissance Oil Corp. ("Renaissance" or the "Company") (TSXV: ROE) (OTCQB: RNSFF) announces that, pursuant to the convertible debentures issued on March 6, 2019 (the "Convertible Debentures"), the Company has elected to issue common shares of the Company (the "Shares") in satisfaction of the aggregate accrued interest owing on such Convertible Debentures. Under the terms of the Convertible Debentures, interest has accrued at a rate of 10% per annum resulting in a total amount owing of $123,287.67 as at February 28, 2021
My guess the total debt would be $1,232,876.00 dollars
Peanuts in todays world