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Invictus Moves Ahead with $500k Convertible Debt

Stockhouse Editorial
0 Comments| December 4, 2018

Global cannabis Company Invictus MD Strategies Corp. (TSX: V.GENE, OTCQB: IVTF, Forumannounced on Tuesday that it has completed the draw-down of $500,000 of convertible debt with GTEC Holdings Ltd. (TSXV: GTEC; OTC: GGTTF). Under the agreement, the Company has drawn down the aggregate of $2.5 million convertible debt. The convertible loan facility may be increased up to $6 million at any time.

For more information on this, click here.

Invictus recently announced that it has created an electronic copy of a Letter of Transmittal regarding its spinout transaction involving Invictus and Poda Technologies Ltd. The letter contains instructions for use in exchanging their Invictus common share certificates for certificates representing the post-Arrangement Invictus and Poda shares.

FULL DISCLOSURE: Invictus MD Strategies Corp. is a paid client of Stockhouse Publishing.

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