Brief: Founders Advantage Enters Into FX Hedge Agreements

Dominion Lending Centres

10/12/2019 22:26

Dec 10 (Reuters) - Founders Advantage Capital Corp  FCF.V :
    * FOUNDERS ADVANTAGE ENTERS INTO FX HEDGE AGREEMENTS
    * FOUNDERS ADVANTAGE CAPITAL - HEDGE AGREEMENTS REQUIRE CO
TO
PURCHASE USD$15.0 MILLION AT A FIXED CAD/USD EXCHANGE RATE OF
$1.3370 ON JUNE 14, 2022
    * FOUNDERS ADVANTAGE CAPITAL- CANCELLED 620,000 STOCK
OPTIONS HELD
BY CERTAIN DIRECTORS WHICH HAD EXERCISE PRICE OF $4.40 & EXPIRY
DATE OF JULY 7, 2021

Source text for Eikon:  ID:nGNX2Z3p8b 
Further company coverage:  FCF.V 

 ((Reuters.Briefs@thomsonreuters.com;))