DYNACERT INC. ("DYA")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: February 2, 2018
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced November 20, 2017:
Convertible Notes: CDN$1,260,000,000 principal amount
Conversion Price: Convertible into units at CDN$0.84 principal amount outstanding per unit until maturity. Each unit consists of one common share and one-half of one common share purchase warrant.
Warrants: Each whole warrant is exercisable into one common share at CDN$1.00 for a two year period.
Maturity date: Three years from issuance
Interest rate: 7% per annum
Number of Placees: 2 Placees
Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the Company has issued a news release announcing the closing of the private placement and setting out the expiry dates of the hold period(s).
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