CoTec Holdings completes initial closing of convertible debenture placement
CoTec Holdings Corp. says it has completed the initial closing of its previously announced non-brokered private placement of unsecured convertible debentures.
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10:32:16 PM UTC
SquawkNews
CoTec closed an initial $12.059M non-brokered private placement of unsecured 12.5% convertible debentures, maturing Sept. 10, 2031. An additional closing is expected, with Kings Chapel agreeing to backstop up to $5M, subject to TSXV approvals.Material DetailsContext by AI AnalystThis financing adva…
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