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| Home : DealNet Capital Corp. Announces Debenture Offering |
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Apr 10
2014 |
DealNet Capital Corp. Announces Debenture Offering |
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TORONTO, ONTARIO--(Marketwired - April 10, 2014) - DealNet Capital Corp. (the "Company" or "DealNet") (CSE:DLS)(PINKSHEETS:GAIMF) is pleased to announce a proposed non-brokered offering of short-term unsecured debentures (the "Debentures") for aggregate gross proceeds of up to $1,000,000. The Debentures will mature on the date that is six (6) months from the date of issuance and bear interest at a rate of 12% per annum, which shall be accrued and paid on the maturity date. The Company will also issue a full warrant (a "Warrant") to the lenders for every dollar borrowed. Each Warrant will entitle the lender to purchase one common share of the Company at $0.29 over a period of twenty four (24) months from the date of the Debenture issuance. |
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| Source:http://www.marketwired.com/mw/release.do?id=1898415&sourceType=3 |
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