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Wildpack Beverage Inc. Announces Listing of Debentures and Warrants on the TSX Venture Exchange
Wildpack Beverage Inc. Announces Listing of Debentures and Warrants on the TSX Venture Ex...
About this update from Wildpack Beverage Inc.
[{"type":"text","content":"\n \n \n \n Wildpack Beverage Inc. Announces Listing of Debentures and Warrants on the TSX Venture Exchange\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n /THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN\n \n CANADA\n \n ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR DISSEMINATION IN\n \n THE UNITED STATES\n \n ./\n \n \n \n VANCOUVER, BC\n \n ,\n \n July 9, 2021\n \n /CNW/ - Wildpack Beverage Inc. (TSXV: CANS) (\"\n \n Wildpack\n \n \" or the \"\n \n Company\n \n \") is pleased to announce that, further to the Company's news release dated June 30, 2021, whereby the Company announced the closing of the bought deal offering of 20,000 debenture units (the \"\n \n Debenture Units\n \n \") of the Company at a price of\n \n C$1,000\n \n per Debenture Unit for gross proceeds of\n \n C$20,000,000\n \n (the \"\n \n Offering\n \n \"), where each Debenture Unit consisted of one 8% senior unsecured convertible debenture having a face value of\n \n $1,000\n \n (each, a \"\n \n Convertible Debenture\n \n \") and 332 common share purchase warrants of the Company (each, a \"\n \n Warrant\n \n \"), the Convertible Debentures and Warrants have been approved for listing on the TSX Venture Exchange under the symbols CANS.DB and CANS.WT, respectively, and will begin trading at the open of market on\n \n July 13, 2021\n \n .\n \n \n \n \n \n \n \n \n \n Each Convertible Debenture accrues interest at 8.0% per annum, payable quarterly in arrears until maturity on\n \n June 30, 2025\n \n and is convertible into common shares of the Company (each a \"\n \n Common Share\n \n \") at a conversion price of\n \n $1.51\n \n per Common Share (the \"\n \n Conversion Price\n \n \"). For additional details regarding the Convertible Debentures, please refer to the Company's news release dated June 30, 2021.\n \n \n Each Warrant entitles the holder thereof to purchase one Common Share at\n \n $1.81\n \n per share until June 30, 2023.\n \n \n WILDPACK BEVERAGE INC.\n \n \n Per:     ...