Braille Energy Systems Inc. Announces Supply and Marketing Partnership with World Leading Tesla Performance Upgrade Company Unplugged Performance Inc.
OTTAWA,
March 1, 2021
/ Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V:BES) ( BESI or the Company ) is pleased to announce that it has entered into a supply agreement with Unplugged Performance Inc. to exclusively supply 12V Lithium Batteries as part of its performance upgrade program on Tesla vehicles. The marketing agreement was finalized on February 16, 2021. Additionally, Braille Battery announces that it will be a key sponsor with Unplugged Performance in the Pikes Peak International Hill Climb (PPIHC) scheduled to take place on June 27, 2021 in Pikes Peak, Colorado.
Braille Energy Systems Inc. Announces Share for Debt Settlement
OTTAWA, ON / ACCESSWIRE / February 3, 2021 / Braille Energy Systems Inc. (formerly Mincom Capital Inc.) (TSX-V:BES) ( BESI or the Company ), is pleased to announce that it has entered into debt settlement agreements with Grafoid Inc. The Company has agreed to issue an aggregate of 5,131,313 common shares (
Common Shares ) in the capital of the Company at a deemed price of $0.12375 per Common Share to settle US$500,000 (CAD$635,000) of outstanding debt (collectively, the
Shares for Debt Transactions ).
The completion of the Shares for Debt Transactions is subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Shares for Debt Transactions will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable securities legislation.