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Reklaim Ltd V.MYID

Alternate Symbol(s):  MYIDF

Reklaim Ltd. is a Canada-based consumer data and privacy provider. The Company is engaged in offering privacy-compliant data solutions for Fortune 500 brands, platforms, and data companies. Its platform allows individuals to reclaim, control, and monetize their data. The Company allows consumers to visit the platform, confirm their identity and unveil data that has been collected and sold on them for years. It enables consumers to take back control of this data by setting up a Reklaim account where, should they choose to, consumers can be compensated for using their data.


TSXV:MYID - Post by User

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  • StockHawk1X
Post by StockHawk1on Feb 25, 2022 2:38pm
136 Views
Post# 34462579

$MYID insures senior secured debentures

$MYID insures senior secured debentures

Yesterday Reklaim Ltd. ($MIYD.V $MYIDF) announced that it has insured senior secured debentures from institutional investors for aggregate gross proceeds of $1.64M. 


The debentures mature in four years and pay interest at a rate of 12.0% per annum.


In a year $MYID will have the right to prepay the Debentures, in whole or in part. 


The net proceeds will be used by $MYID for general working capital & general corporate purposes. 


More here: https://ca.finance.yahoo.com/news/reklaim-completes-issuance-1-640-140500901.html


$MYID is trading stable at $0.24/share, MC is $16.171M

 
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