Explor Announces Extension of Maturity Date of Convertible Debentures and Underlying Warrants
The Convertible Debentures are convertible into common shares of the Corporation at a conversion price of $0.05 per common share.
- The Convertible Debentures are convertible into common shares of the Corporation at a conversion price of $0.05 per common share.
- The Corporation has extended the maturity date of the Convertible Debentures for one year until November 28, 2020.
- The Corporation has also extended the expiry date of the 13,000,000 warrants that were issued in connection with the Convertible Debentures for one additional year.
- The amendments to the terms of the Convertible Debentures and to the warrants are subject to the approval of the TSX Venture Exchange.