PYNG MEDICAL CORP. ("PYT")
BULLETIN TYPE: Convertible Debenture/s, Amendment
BULLETIN DATE: November 26, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment of the following convertible debenture/s:
Convertible Debenture $530,000
Original Conversion Price: Convertible into common shares at $0.20 per common share
Amended Conversion Price: Convertible into common shares at $0.06 per common share
Original Maturity Date: August 8, 2014
Amended Maturity Date: August 8, 2015
Original Warrant Terms: 2,725,000 warrants exercisable at $0.22 per share for five years.
Amended Warrant Terms: 8,833,331 warrants exercisable at $0.065 per share until November 3, 2015.
Interest rate: Prime plus 10%
The convertible debenture/s were issued pursuant to a private placement which was originally accepted for filing by the Exchange on September 10, 2009.
For further information please refer to the Company's press release dated November 3, 2014.
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