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| Home : Innovative Composites International Inc. Announces Offering of Senior Secured Convertible Debentures |
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Mar 14
2013 |
Innovative Composites International Inc. Announces Offering of Senior Secured Convertible Debentures |
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TORONTO, ONTARIO--(Marketwire - March 14, 2013) - Innovative Composites International Inc. (TSX VENTURE:IC)(OTCQX:ICIZF) (the "Company" or "ICI") is pleased to announce that it has entered into an agreement with Difference Capital Funding Inc. ("DCF"), as purchaser, for the private placement of a minimum of $2 million and a maximum of $2.5 million aggregate principal amount (the "Offering") of senior secured convertible debentures (the "Debentures"), which will mature five months following the date of issuance (the "Maturity Date"). The Maturity Date may be extended by the Company on a month-to-month basis up to December 31, 2013. |
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| Source:http://www.marketwire.com/mw/release.do?id=1768015&sourceType=3 |
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