MCW ENERGY GROUP LIMITED ("MCW")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture(s)
BULLETIN DATE: February 8, 2016
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced December 20, 2015:
Convertible Debenture US$555,556 secured convertible debenture
Conversion Price: Convertible into units at CDN$0.47 principal amount outstanding per unit until maturity. Each unit consists of one common share and one common share purchase warrant.
Warrants: Each warrant is exercisable into one common share at CDN$0.4935 for a five year period
Maturity date: Eighteen (18) months from issuance
Interest rate: 5% per annum
Number of Placees: 1 Placee
For further details, please refer to the Company's news release dated December 20, 2015.
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