MCW ENERGY GROUP LIMITED ("MCW") BULLETIN TYPE: Shares for Debt BULLETIN DATE: October 5, 2016 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue $1,100,000 principle amount of convertible debentures (the "Debentures") to settle outstanding debt.
Number of Creditors: 2 Creditors
Convertible Debenture $1,100,000
Conversion Price Convertible into shares at $0.15 of principle per share until maturity
Maturity Date January 31, 2017
Interest Rate 1.25% per month
For further information, please refer to the Company's news releases dated October 4, 2016. ________________________________________
|
|