Tag: convertible debentures units

Canada announces private placement offering and closes first tranche of C$1 million

Canada announces private placement offering and closes first tranche of C$1 million

May 7, 2019 |

In Canada, Cielo announced a private placement offering of a targeted minimum of C$1 million in convertible debentures units. Each unit will consist of one $1,000 unsecured convertible debenture and 500 share purchase warrants. The Debentures will bear interest at a simple rate of 15% per annum, the initial two = years of interest to […]

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