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Canada NewsWire
TORONTO , June 23, 2021 /CNW/ - Baylin Technologies Inc. (the " Company ") announces that holders of $12,135,000 principal amount of its $17,250,000 6.5% Extendible Convertible Unsecured Debentures (the " Debentures ") have converted their Debentures into common shares of the Company at the reduced conversion price of $1.11 , leaving $5,115,000 of the Debentures outstanding.
About Baylin
Baylin is a leading diversified global wireless technology company. Baylin focuses on research, design, development, manufacturing and sales of passive and active radio-frequency products, terrestrial microwave products, and services. Baylin aspires to exceed its customers' needs and anticipate the direction of the market. For further information, please visit www.baylintech.com .
SOURCE Baylin Technologies Inc.
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