Examples of Series C Convertible Debentures in a sentence
The Series C Convertible Debentures bear interest at the rate of 5.75% per annum payable semi-annually and mature on November 30, 2020.
On July 2, 2014, in conjunction with the issuance of the Company’s Series C Convertible Debentures, the Company issued 187,000 shares of its Series A Convertible Preferred stock (the “Series A”) to Dr. Milton Boniuk, pursuant to the terms of the Debenture.
Month Prior to the Redemption, the Series C Convertible Debentures were listed and traded on the TSX under the symbol "PPL.DB.C".
September 30, 2017 June 30, 2017 Debentures Payable to a Director Series C Convertible Debentures - Milton Boniuk $ 5,000,000 $ 5,000,000 As of September 30, 2017 June 30, 2017 Debenture Interest Payable to a Director Coupon interest payable on $5,000,000 Series C Convertible Debentures and deferred.
The Series C Convertible Debentures were delisted from the TSX following the Redemption.
December 31, 2017 June 30, 2017 Debenture Interest Payable to a Director Coupon interest payable on $5,000,000 Series C Convertible Debentures and deferred.
For each of the three-month periods ended September 30, 2017 and 2016, the Holder of the Company’s Series C Convertible Debentures elected to receive $125,000 of their coupon interest payment and $41,667 of deferred interest payment in cash.
The following table sets forth the price range for and trading volume of the Series C Convertible Debentures on the TSX from January 1, 2015 until the Redemption Date, as reported by the TSX.
On July 2, 2014, in conjunction with the issuance of the Company’s Series C Convertible Debentures, the Company issued 187,000 shares of its Series A Convertible Preferred Stock (the “Series A”) to Dr. Milton Boniuk, pursuant to the terms of the Debenture.