- The company has entered into an agreement with a syndicate of agents that will be engaged in the private placement sale; the syndicate is led by Canaccord Genuity Corp.
- A single unit is comprised of one C$1,000 unsecured note that accrues annual interest and 77 common share purchase warrants of Plus Products
- The proceeds will be used for working capital and other corporate purposes
Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading branded products manufacturer, recently announced that it has entered into an agreement with a syndicate of agents concerning the private placement of unsecured convertible note units, according to a company news release (http://nnw.fm/UjYH8).
The agents, led by Canaccord Genuity Corp. (TSX: CF), have been engaged by Plus Products to sell unsecured convertible note units of up to C$20 million on a private placement basis. Each unit of the company is…
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