Common Contracts
1 similar Convertible Debenture Agreement contracts
Norrlandsfonden will invest further MSEK 5.5 in a convertible debenture in Copperstone Resources AB (“Copperstone” or “the Company”). In accordance with the existing loan agreement in connec- tion with fund raisings, Norrlandsfonden has the right, but...Convertible Debenture Agreement • May 17th, 2022
The credit facilities are agreed at Stibor 90 + 5 percent annually, with quarterly interest payments. Norrlandsfonden is entitled to convert parts of the, or the entire, amount until April 30, 2027. The conversion prices shall be 1.54 SEK/share, corresponding to a 40 percent premium from the volume weighted average of the recent directed equity issues at approximately 1.1 SEK per share.
