Shareholder loan

Pixium Vision announces the implementation of a bridge financing with Bpifrance and Sofinnova and a reverse stock split on the basis of 1 new share for 50 existing shares

Retrieved on: 
Friday, July 28, 2023
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Apart from usual early repayment options, the Shareholder Loan provides for repayment by set-off, at each Lender’s election, upon Qualified Financing (i.e.

Key Points: 
  • Apart from usual early repayment options, the Shareholder Loan provides for repayment by set-off, at each Lender’s election, upon Qualified Financing (i.e.
  • CEO Lloyd Diamond commented: "I am delighted to announce this 3 million Euro convertible shareholders' loan from Bpifrance and Sofinnova.
  • This reverse stock split is intended to reduce Pixium Vision’s number of shares which may help in reducing share price volatility and fostering stability.
  • The reverse stock split operation will begin on Monday, August 21, 2023, and end on Wednesday, September 20, 2023 (inclusive).

FPX Nickel Announces Closing of Long-Term Debt Refinancing

Retrieved on: 
Wednesday, September 4, 2019
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The Companys debt refinancing is underpinned by a C$4 million loan (the Bradshaw Loan) from Peter Bradshaw, the Companys Chairman and largest shareholder, on terms consistent with the Companys arms length long-term debt.

Key Points: 
  • The Companys debt refinancing is underpinned by a C$4 million loan (the Bradshaw Loan) from Peter Bradshaw, the Companys Chairman and largest shareholder, on terms consistent with the Companys arms length long-term debt.
  • On closing of the new and amended loan agreements, the Companys long-term debt is as follows:
    Bradshaw Loan with principal of C$4 million and accrued interest due on September 4, 2025.
  • Loan from an arms length shareholder (the Private Shareholder Loan) with principal of US$2.5 million and accrued interest due on September 4, 2022.
  • On behalf of FPX Nickel Corp.
    Certain of the statements made and information contained herein is considered forward-looking information within the meaning of applicable Canadian securities laws.