Vsblty Groupe Technologies Corp (TSE:VSBY) has released an update.
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VSBLTY Groupe Technologies Corp. has announced a non-brokered private placement of convertible debentures aiming to raise up to C$2.4 million. The debentures will have an 18% annual interest rate, payable semi-annually, with a 24-month maturity from the issuance date. Investors will have the option to convert their debentures into company units, which include a common share and a purchase warrant, before the maturity date.
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