www.pickabusiness.co.uk/dish-business-loans/1-cl... - Details
fowleryjwn: The Debentures mature on December 23, 2019 ("Debenture Maturity Date"). This news release follows the Company's news release of October 25, 2016, in which Canamex raised gross proceeds of $4,239,000 in the first tranche of the Debenture Offering....
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The Debentures mature on December 23, 2019 ("Debenture Maturity Date"). This news release follows the Company's news release of October 25, 2016, in which Canamex raised gross proceeds of $4,239,000 in the first tranche of the Debenture Offering. In both tranches of the Debenture Offering, Canamex raised total gross proceeds of $4,798,000. Interest on the Debentures shall be paid annually in arrears, at an annual interest rate of 7%. In the event that the Company has not entered into a definitive joint venture agreement in respect of the Bruner Gold Property ("JV i need loan for business Agreement") on or before the date that is six months after the closing date of the Debenture Offering, the interest rate on the Debentures will thereafter be increased by 1% and will be subsequently increased by an additional 1% immediately following the end of each six month period during the term of the Debentures if at such time the JV Agreement has not been entered into. In addition, the holders of
The Debentures mature on December 23, 2019 ("Debenture Maturity Date"). This news release follows the Company's news release of October 25, 2016, in which Canamex raised gross proceeds of $4,239,000 in the first tranche of the Debenture Offering. In both tranches of the Debenture Offering, Canamex raised total gross proceeds of $4,798,000. Interest on the Debentures shall be paid annually in arrears, at an annual interest rate of 7%. In the event that the Company has not entered into a definitive joint venture agreement in respect of the Bruner Gold Property ("JV i need loan for business Agreement") on or before the date that is six months after the closing date of the Debenture Offering, the interest rate on the Debentures will thereafter be increased by 1% and will be subsequently increased by an additional 1% immediately following the end of each six month period during the term of the Debentures if at such time the JV Agreement has not been entered into. In addition, the holders of
The Debentures mature on December 23, 2019 ("Debenture Maturity Date"). This news release follows the Company's news release of October 25, 2016, in which Canamex raised gross proceeds of $4,239,000 in the first tranche of the Debenture Offering. In both tranches of the Debenture Offering, Canamex raised total gross proceeds of $4,798,000. Interest on the Debentures shall be paid annually in arrears, at an annual interest rate of 7%. In the event that the Company has not entered into a definitive joint venture agreement in respect of the Bruner Gold Property ("JV i need loan for business Agreement") on or before the date that is six months after the closing date of the Debenture Offering, the interest rate on the Debentures will thereafter be increased by 1% and will be subsequently increased by an additional 1% immediately following the end of each six month period during the term of the Debentures if at such time the JV Agreement has not been entered into. In addition, the holders of
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