Jaguar Financial (TSE:MAXQ) has released an update.
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Maritime Launch Services Inc. has successfully negotiated an extension of the maturity date for its convertible debentures from May to December 2024, with conditions, including a common share issuance, to be finalized by mid-August. The extension, which has been officially approved by the Board and a majority of common shareholders, also adjusts the interest rate on these debentures to 10%, with an additional 5% payable in shares.
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