tiprankstipranks
CENTR Brands Launches Convertible Debenture Offering
Company Announcements

CENTR Brands Launches Convertible Debenture Offering

CENTR Brands (TSE:CNTR) has released an update.

Don't Miss our Black Friday Offers:

CENTR Brands Corp. has launched a non-brokered private placement offering of up to 100 unsecured convertible debentures, aiming to raise $100,000 with a 10% annual interest rate, maturing 12 months from the issue date. The debentures can be converted into equity before maturity, and the funds raised will be allocated for working capital and general corporate purposes, pending necessary approvals and statutory hold periods.

For further insights into TSE:CNTR stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskCENTR Brands Corp. Announces Share Consolidation Plan
TipRanks Canadian Auto-Generated NewsdeskCENTR Brands Extends Warrants and Details Debenture Conversion
TipRanks Canadian Auto-Generated NewsdeskCENTR Brands Completes $100K Convertible Debenture Placement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App