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| Home : Feronia Inc. Announces Secured Convertible Debenture Financing of Up to US$9.18 Million and Amendment of Existing Debentures |
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Jun 19
2015 |
Feronia Inc. Announces Secured Convertible Debenture Financing of Up to US$9.18 Million and Amendment of Existing Debentures |
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TORONTO, ONTARIO--(Marketwired - June 18, 2015) - Feronia Inc. ("Feronia" or the "Company") (TSX VENTURE:FRN) is pleased to announce that it has entered into subscription agreements for a private placement (the "Offering") of up to US$9.18 million of secured convertible debentures (the "Debentures") with CDC Group plc ("CDC"), the UK Government's Development Finance Institution, and the African Agriculture Fund ("AAF"), through its subsidiary Golden Oil Holdings Limited ("GOHL"). With these subscriptions and the US$7.15m of debentures subscribed for on January 22, 2015, this completes the previously announced secured convertible debenture financing of up to US$16.325 million. |
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| Source:http://www.marketwired.com/mw/release.do?id=2031229&sourceType=3 |
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