Jaguar Financial (TSE:MAXQ) has released an update.
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Maritime Launch Services Inc. has negotiated a principal agreement to extend the maturity of its convertible debentures from May to December 2024, providing debenture holders with an increased interest rate and additional common shares as part of the extension fee. The company, known for developing Canada’s first commercial orbital launch complex, Spaceport Nova Scotia, is set to repay a portion of the debenture principal and has secured the necessary amendments subject to final agreements and exchange approval.
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