Debenture | Jotup

Canopy Growth Announces Financing to Further Strengthen Balance Sheet Including Approximately US$50 Million of New Gross Proceeds

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Vendredi, mai 3, 2024

Sale, Agreement, Indian stock exchange, Warrant, Convertible bond, Date, News, Convertible, Canopy Growth, TSX, Good, Toronto Stock Exchange, Debenture, Security (finance)

Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.

Key Points:

Each Warrant will entitle the holder to acquire one common share (each, a "Common Share") of the Company at an exercise price equal to C$16.18 per Common Share for a period of five years from the Closing Date.
The Company does not plan to list the Convertible Debenture or the Warrants on the TSX, NASDAQ, or any other securities exchange or other trading system.
The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.
The closing of the offering pursuant to the Agreement is expected to occur during the week of May 6, 2024, subject to customary closing conditions.

Aspen Group, Inc. Amends Debentures

Retrieved on:

Jeudi, mai 2, 2024

AGI, JGB, Senior, Debenture, Security (finance)

PHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the “Company”) (OTCQB: ASPU), an education technology holding company, today announced it entered into third and fourth amendments to its Senior Secured Debentures issued May 11, 2023 with JGB Management Inc. (“JGB”).

Key Points:

PHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the “Company”) (OTCQB: ASPU), an education technology holding company, today announced it entered into third and fourth amendments to its Senior Secured Debentures issued May 11, 2023 with JGB Management Inc. (“JGB”).
The amendments, among other things, reduce the Company’s debt principal repayment obligations by up to nine months, provide for the prepayment of $500,000 of principal utilizing restricted cash, and made the Debentures convertible into common stock at $0.50 per share.
Michael Mathews, Chairman and CEO of Aspen Group, stated, "We are pleased to announce the successful execution of amendments to our private placement with JGB.
Reducing our near-term debt service obligations allows us to maintain a stable cash position while demonstrating our dedication to servicing our debt.

Ceylon Graphite Announces Issuance of Shares

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Vendredi, avril 26, 2024

CCY, OTC, Interest, TSX Venture Exchange, CYL, News, Debenture, Security (finance)

VANCOUVER, British Columbia, April 26, 2024 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that it intends issue 548,999 common shares (collectively, the “Interest Shares”) in satisfaction of interest (the “Interest”) due on secured convertible debenture units of the Company (the “Debentures”).

Key Points:

VANCOUVER, British Columbia, April 26, 2024 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon” or the “Company”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) announces that it intends issue 548,999 common shares (collectively, the “Interest Shares”) in satisfaction of interest (the “Interest”) due on secured convertible debenture units of the Company (the “Debentures”).
In accordance with the policies of the TSX Venture Exchange and the terms of the Debentures, the Interest Shares will be issued at a deemed price of $0.03 for an aggregate of 548,999 Interest Shares in satisfaction of the aggregate Interest.
The Interest Shares will be subject to a four-month hold period in accordance with the policies of the TSX Venture Exchange.
The issuance of the Interest Shares remains subject to the acceptance of the TSX Venture Exchange.

Digicann Ventures Announces Agreement to Extend Maturity Date for Convertible Debentures

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Mercredi, avril 17, 2024

News, Debenture, Security (finance)

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Digicann Ventures Ltd. (“Digicann” or the “Company”) (CSE: DCNN) (OTCPK: AGFAD), a company focused on opportunities within and outside of the cannabis industry, announces that it has entered into an agreement with holders of the Company’s 10.00% Senior Unsecured Convertible Debentures (the “Debentures”) to amend the Debentures to extend the maturity date for an additional twelve months from March 12, 2024 to March 12, 2025.

Key Points:

VANCOUVER, British Columbia, April 17, 2024 (GLOBE NEWSWIRE) -- Digicann Ventures Ltd. (“Digicann” or the “Company”) (CSE: DCNN) (OTCPK: AGFAD), a company focused on opportunities within and outside of the cannabis industry, announces that it has entered into an agreement with holders of the Company’s 10.00% Senior Unsecured Convertible Debentures (the “Debentures”) to amend the Debentures to extend the maturity date for an additional twelve months from March 12, 2024 to March 12, 2025.
As previously announced on March 14, 2024, the holders of the Debentures granted the Company forbearance on the maturity of the Debentures until April 30, 2024.
As a result, the total number of common shares issued and outstanding as of the date of this news release is 21,631,090.
On May 30, 2023, the Company announced an agreement to amend the Debentures to extend the maturity date for an additional twelve months from March 12, 2023 to March 12, 2024.

Regenx Appoints New Auditor, Extends Rights Offering Expiry Date and Closing of Debenture Offering

Retrieved on:

Vendredi, avril 12, 2024

Chartered Professional Accountant, Indian stock exchange, Risk, News, Warrant, RGX, Debenture, Chartered, YRS, Rights

Neither PJR Prof Corp. nor CPA Alberta gave Regenx any notice or warning of this significant risk.

Key Points:

Neither PJR Prof Corp. nor CPA Alberta gave Regenx any notice or warning of this significant risk.
Complete details of the Rights Offering are set out in the Rights Offering Circular dated March 26, 2024, and the Rights Offering Notice dated March 26, 2024, which are filed under the Corporation’s profile at www.sedarplus.ca.
The Debenture holder will also be issued 14,285 common share purchase warrants (each a “Warrant”) for each $1,000 principal amount of the Debenture.
Immediately following closing, the Debenture holder converted the principal amount of the Debenture into 3,000,000 Common Shares.

Cielo Announces Closing of Second Tranche of Private Placement of Convertible Debenture Units

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Vendredi, avril 5, 2024

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.

Key Points:

CALGARY, Alberta, April 05, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the second tranche (“Tranche 2”), for gross proceeds of C $1,480,000, of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company intends to continue to offer the Convertible Debenture Units on the same terms and close one or more subsequent tranches during the month of April 2024.
Pursuant to the closing of Tranche 2, the Company issued 1,480 Convertible Debenture Units for gross proceeds of C $1,480,000, consisting of 1,480 Convertible Debentures and 3,700,000 Warrants.
As the Convertible Debentures will be unsecured debt obligations of the Company, each Convertible Debenture will rank subordinate to all secured debt obligations of the Company.

AAPKI Ventures Inc. Announces Debenture Financing

Retrieved on:

Lundi, mars 18, 2024

Debenture, Date, FFT, Finance Secretary (India), Security (finance)

Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.

Key Points:

Surrey, BC, March 18, 2024 (GLOBE NEWSWIRE) -- AAPKI Ventures Inc., formerly Pushfor Tech Inc. ("AAPKI" or the "Company") (CSE: APKI) (FFT: 64Q), is pleased to announce its intention to conduct a non-brokered private placement of unsecured convertible debentures (each a “Debenture”) with an aggregate principal amount (the "Principal Amount”) of up to $500,000.
This Debenture will allow investors to convert their debentures into units of the Company at a conversion price of $0.05 per unit.
Each unit will be comprised of one common share and one share purchase warrant.
The proceeds of the financing will be used for the expansion of the Company's business and for general corporate purposes.

PSYC Begins Business Overhaul Process with Consolidation of 10 Previously Issued Convertible Debentures

Retrieved on:

Mardi, mars 12, 2024

Debenture, Growth, Security (finance)

LAS VEGAS, NV, March 12, 2024 (GLOBE NEWSWIRE) -- PSYC Corporation (OTCPink: PSYC) (“PSYC” or the “Company”), announces the consolidation of 10 previously issued convertible debentures (“the Debentures”).

Key Points:

LAS VEGAS, NV, March 12, 2024 (GLOBE NEWSWIRE) -- PSYC Corporation (OTCPink: PSYC) (“PSYC” or the “Company”), announces the consolidation of 10 previously issued convertible debentures (“the Debentures”).
The Debentures were executed between the Company and its long-standing investment partner, RB Capital Partners, Inc. (“RB Capital”), and were originally issued between January 2023 and October 2023.
The consolidated note provides for a reduction in interest rate from its original 10% to 8% and is set at a 24-month term.
Furthermore, the share price conversion rate on this newly executed consolidated note is set at a rate of $0.05.

Cielo Announces Closing of First Tranche of Private Placement of Convertible Debenture Units

Retrieved on:

Lundi, mars 11, 2024

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement"). The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.

Key Points:

CALGARY, Alberta, March 11, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce the closing of the first tranche (“Tranche 1”) of its previously announced non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of C $1,000 per Convertible Debenture Unit for aggregate gross proceeds of up to C $5,000,000 (the "Private Placement").
The Company anticipates that it will close subsequent tranches of the Private Placement in the coming weeks.
“The closing of this first tranche of our Private Placement represents a great start to reaching the targeted proceeds,” said Ryan Jackson, Cielo’s CEO.
Pursuant to the closing Tranche 1, the Company issued 560 Convertible Debenture Units for gross proceeds of C $560,000, consisting of 560 Convertible Debentures and 1,400,000 Warrants.

Cielo Announces Private Placement of Convertible Debenture Units for up to $5.0 Million to Advance Renewable Fuel Projects, Confirms Final Credit Facility Draw and Magazine Feature

Retrieved on:

Jeudi, février 22, 2024

CALGARY, Alberta, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTCQB:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low carbon fuel from wood by-products, is pleased to announce that it proposes to undertake a non-brokered private placement offering of unsecured convertible debenture units of the Company (collectively, the "Convertible Debenture Units") at a price of $1,000 per Convertible Debenture Unit for targeted gross proceeds of up to $5,000,000 (the "Private Placement").

Key Points:

The Private Placement and a concurrent final draw from Cielo’s existing secured credit facility, as described below, represent an important shift in the Company’s financing strategy to utilize convertible instruments versus traditional forms of debt.
In addition, Cielo is also pleased to share that the Company has been featured in the Winter 2024 edition of Canadian Biomass Magazine , with further details provided below.
The Company intends to close the Private Placement in one or more tranches throughout February and early March.
Finder's fees of cash and/or non-transferrable warrants may be paid in connection with the Private Placement in accordance with applicable laws.