PYNG MEDICAL CORP. ("PYT") BULLETIN TYPE: Convertible Debenture/s, Amendment BULLETIN DATE: September 15, 2015 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 $0.06 per common share
Amended Conversion Price: Convertible into common shares at $0.05 per common share
Original Maturity Date: August 8, 2015
Amended Maturity Date: August 8, 2016
Original Warrant Terms: 8,833,331 warrants exercisable at $0.065 per share until November 3, 2015
Amended Warrant Terms: 8,833,331 warrants exercisable at $0.065 per share until November 3, 2015 plus 10,600,000 warrants exercisable at $0.05 per share until August 8, 2016
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 and amended August 8, 2014.
For further information please refer to the Company's press release dated August 10, 2015. ________________________________________
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