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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Carbon2Green Corporation | TSXV:CGN | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0 | - |
Carbon2Green Corporation (TSX VENTURE:CGN) ("Carbon2Green" or the "Corporation") is proud to announce the closing of a financing of $190,000 through convertible debentures in Common Shares, as disclosed by press release on August 27, 2010. The convertible debentures to be issued will have a term of 24 months, bearing an interest rate of 14% per annum and payable annually at the anniversary date of the execution of the convertible debenture. While the capital will be convertible at a price of $0.25 per Common Share. Each issued Common Share will be subject to a 4 month holding period. A number of 760,000 Common Shares of the Corporation is reserved with the TSX Venture Exchange in order to guaranty the conversion right of its holders. The TSX Venture Exchange having approved the placement, the funds are intended to provide adequate working capital to the Corporation and to support the viability of any projects that may arise.
1 Year Carbon2Green Corporation Chart |
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