Brief: Enablence Technologies provides update on financings
21/06/2017 13:30
June 21 (Reuters) - Enablence Technologies Inc ENA.V :
* Enablence Technologies provides an update on financings
* Enablence Technologies - intends to complete placement
financing of up to $6 million principal amount of unsecured
convertible debentures on or about june 30
* Enablence Technologies Inc - debentures will bear interest
at a rate of 10 pct per annum, payable quarterly commencing on
september 30, 2017
* Enablence Technologies Inc - debentures will mature 36
months after issuance
* Enablence Technologies Inc - debentures will be
convertible, at option of their holder, into shares at a price
of $0.08 per share
Source text for Eikon: ID:nCCNXRdmja
Further company coverage: ENA.V
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