Silver Bullet debenture private placement
2023-05-02 16:58 ET – Private Placement – Debenture
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on April 17, 2023, and April 27, 2023.
Convertible debenture: $225,000 (U.S.) principal amount of convertible debentures
Conversion price: convertible into 1,370,455 common shares at a conversion price of 22 Canadian cents per share until maturity
Maturity date: 61 days from date of issuance
Interest rate: 2 per cent per month on the outstanding principal for one month, which begins to accrue after 30 days from date of issuance
Number of placees: one placee
The company issued a news release on April 27, 2023, confirming the closing of the private placement.
https://www.silverbulletmines.com/