Loans and debentures coming due

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Maxwell12

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Loans and debentures coming due

posted on Mar 19, 2020 10:37AM

It's good to see cash coming in although by another loan.

In the 2019 Q3 financial statement filed in SEDAR it notes a $3M debenture maturing March 29/20. Do you anticipate this been renewed or converted to shares @$.80 value? The security for this debenture appears to be the same as listed for the new loan so perhaps this has already been redeemed?

Also, two loans were noted, a $214K due April 4/20 and a $115K due May 1/20. Have these been retired or will these be renewed or paid from the new loan?