Brief: Bioteq Environmental Technologies issues $1.5 mln convertible loans

BQE Water

06/07/2016 22:00

July 6 (Reuters) - Bioteq Environmental Technologies Inc 
 BQE.V  
    * Upon prepayment or maturity of loans, each lender may 
elect to convert at conversion price $0.06 centsper share 
    * Bioteq issues $1.5 million convertible loans 
    * Bioteq environmental technologies inc says loans bear 
interest at a rate of 8% per annum and are repayable in full on 
18 month anniversary of closing 
    * On prepayment or maturity of loans, lender may elect to 
convert portion of repaid principal into common shares of co 
 
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Further company coverage:  BQE.V  
 
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