ASX Listed Resources Company - $2M unlisted Convertible Note Private Placement

Categories Fixed Income, Hybrid and Convertible Notes
Sale Type Asking Price
Price Guide AUD $2M Semi-Annual 2 year Convertible Note @ 8% pa ($1,000 Face Value per note)
Status: Closed

Summary:

Unlisted convertible note, convertible on 2 days notice, at the holder selection, into listed ordinary shares. Maturity Term at 24 months and at maturity, any unconverted Con Note will be redeemed at face value plus any accrued but unpaid interest.

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