HAVN Life Announces Financing Commitment of CAD$9,000,000 through the issuance of Convertible Debentures and Warrants
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星期四, 七月 21, 2022
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The Company has entered into a subscription agreement (the "Subscription Agreement") with Global Corporate Finance Opportunities 17 (the "Subscriber") that provides for the issuance of convertible debentures (each, a "Convertible Debenture") and common share purchase warrants (each, a "Warrant").
Key Points:
- The Company has entered into a subscription agreement (the "Subscription Agreement") with Global Corporate Finance Opportunities 17 (the "Subscriber") that provides for the issuance of convertible debentures (each, a "Convertible Debenture") and common share purchase warrants (each, a "Warrant").
- HAVN Life intends to use the proceeds for general working capital purposes.
- The first Tranche ("First Tranche") is expected to close on or about August 4, 2022 (the "First Closing Date").
- In addition to the Debenture Commitment Fee, each Convertible Debenture will be issued for proceeds equal to 90% of the face value of the principal amount.