Syncordia Technologies SYTHF

More great news! After market

[kazzman]

Again, I'm baffled as to why they put out 2 news releases Thursday hours after close and again Friday.  They REALLY need to get a proper IR/PR person that can explain the ins and outs of being public.  We shot up...which is great.  Volumes are minimal and I feel this could be doing SO much better if they just handled their market properly.  

News after close Friday

Syncordia Technologies and Healthcare Solutions, Corp. Announces Signing of a Debt Term Sheet for up to $16.5million

V.SYN | 17 hours ago

 

Canada NewsWire

TORONTO, Jan. 5, 2018

TORONTO, Jan. 5, 2018 /CNW/ - Syncordia Technologies and Healthcare Solutions, Corp. (TSXV: SYN) ("Syncordia") is pleased to provide an update on its refinancing efforts with the signing of a debt term sheet for up to $16.5million.

Terms of the debt term sheet will be finalized pending final diligence, which will take place over the coming weeks and months. The debt term sheet has a four (4) year term and will involve a mezzanine level coupon with accompanying warrants. Final terms will be established based on operational and financial diligence and the final capital structure, as Syncordia plans to compliment this term sheet with an equity round of financing. Completion of the new debt structure will also be subject to customary approvals including lender approval, final documentation and TSX Venture approval.

About Syncordia Te

Read more at https://www.stockhouse.com/news/press-releases/2018/01/05/syncordia-technologies-and-healthcare-solutions-corp-announces-signing-of-a#kJC4LxZdZHSfSmJJ.99