LED MEDICAL DIAGNOSTICS INC. ("LMD")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: February 9, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue a total of 2,443,750 bonus shares in consideration of a $1,150,000 secured debenture. The term of the debenture is twenty four months with interest payable at a rate of 12% per annum.
Finder's fees of $46,000 cash and 460,000 warrants are payable to Bloom Burton Securities Inc. Each warrant is exercisable into one common share at $0.10 for 2 years from closing.
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