- Euromax Resources (TSXV:EOX:CA) said Tuesday that it plans to extend the maturity dates of the convertible bonds from Feb. 28, 2024, to Feb. 28, 2025.
- The changes could lead to the issuance of up to an additional 7.38 million shares for EBRD bonds, if outstanding EBRD bond interest amounts accrued from February 29, 2024 to February 29, 2024. 28, 2025, totaling approximately $827,916, are converted into common shares.
- With respect to the CCC bonds, up to an additional 5.91 million shares are expected to be issued if the outstanding interest on the CCC bonds is accrued from February 29, 2024 to February 11, 2024. 28, 2025, for a total of C$889,282, are converted into common shares.
- Source: press release
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