Company Raises $745,000 Through Second Tranche of Convertible Debenture Offering

Thursday, September 12, 2024 2:53 PM PDT"), is pleased to announce that it has closed the second tranche of its non-brokered private placement of convertible debenture units of the Company at a price of $1,000 per Debenture Unit. The convertible debenture offering was over-subscribed. Under the second tranche, a total of 745 Debenture Units were sold for gross proceeds of $745,000.

The securities issued under the second tranche of the Offering are subject to a statutory four month and one day hold period, which expires on January 11, 2025.In respect of the Offering, the Company entered into a Financial Advisory Agreement with Canaccord Genuity dated September 6, 2024. Pursuant to the Financial Advisory Agreement, the Company issued 100 Debenture Units to Canaccord.

Wedgemount has also entered into an agreement with Proactive Investors North America Inc. to assist the Company in enhancing its online presence with the global investment community, as part of its strategy to increase general market awareness of the Company and its Texas based oil and gas operations. The engagement runs from August 21, 2024, to August 20, 2025 at a cost to the Company of $45,000.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Central Pa. company’s internal technology division is now a separate companyThe company provides software solutions to assist businesses.
Источник: PennLive - 🏆 463. / 53 Прочитайте больше »

7-Eleven’s parent company rejects $38.6 billion takeover bid, says offer ‘grossly undervalues’ companySeven & i Holdings has rejected a takeover offer from Canadian convenience store operator Alimentation Couche-Tard, saying it “is not in the best interest” of its shareholders and stakeholders.
Источник: NBCNewsHealth - 🏆 707. / 51 Прочитайте больше »

Major Ohio-based company stocks rebound, Cleveland company had top growth last weekFour major companies in the Greater Cleveland area experienced stock gains of at least 2.5% last week.
Источник: clevelanddotcom - 🏆 301. / 63 Прочитайте больше »

7-Eleven's parent company rejects takeover proposal, says offer ‘grossly undervalues' companyEven if the offer was raised “very significantly,” Seven & i said the bid does not consider the “multiple and significant…
Источник: NBCNewYork - 🏆 270. / 63 Прочитайте больше »

Campbell Soup Company is changing its name after 155 yearsCampbell's Soup Company will now be known as The Campbell's Company.
Источник: clevelanddotcom - 🏆 301. / 63 Прочитайте больше »

DOJ accuses real estate software company of helping landlords collude to raise rentsThe lawsuit says RealPage’s algorithmic pricing software lets landlords effectively collude and set rents above market rate. The Texas-based company has denied the allegations.
Источник: NPR - 🏆 96. / 63 Прочитайте больше »