Conversion of Debenture Interest Into Equity, Amendment of Debentures and Extension of Private Placement of Debenture
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MYND Life Sciences Announces $3 Million Convertible Debenture Unit Offering
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MYND Life Sciences Announces $3 Million Convertible Debentur
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Fiore Cannabis Ltd. Closes Third Tranche of Debenture
Fiore Cannabis Ltd. (CSE: FIOR) (OTCQX: FIORF) ( Fiore or the Company ), a licensed multi-state cannabis cultivator, producer and retailer, confirms it has closed the third tranche of a non-brokered private placement of unsecured Debentures Units for gross proceeds of $175,000. Each Debenture Unit consists of $1,000 principal amount of 10% unsecured subordinated debentures (
Debentures ) and 2,000 common share purchase warrants of the Company (
Warrants ). The proceeds from the private placement will be used for general working capital purposes.
Each whole Warrant entitles the holder thereof to purchase one (1) common share of the Company at a price of $0.15 per share, subject to adjustment in certain events, for a period of twenty-four (24) months. The Debentures mature on December 17, 2022 (