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Lite Access Extends Debentures and Ironman Deal

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Lite Access Extends Debentures and Ironman Deal

Lite Access Technologies (TSE:LTE) has released an update.

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Lite Access Technologies has extended the maturity date of its $500,000 convertible debentures to November 2026, maintaining a 12% interest rate and a conversion price of $0.10. Additionally, the company is progressing with its acquisition of Ironman Directional Drilling, extending exclusivity and aiming to finalize the agreement by December 2024.

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

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