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| Home : VendTek Announces $1,000,000 Private Placement of Debentures |
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Aug 14
2015 |
VendTek Announces $1,000,000 Private Placement of Debentures |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 13, 2015) - VendTek Systems Inc. (TSX VENTURE:VSI) ("the Company" or "VendTek") announced today that it intends to conduct a non-brokered private placement of $1,000,000 in secured convertible debentures (the "Offering") to F3 Capital Partners Ltd. The debentures bear interest at a rate of 12% annually, will mature on the date that is three years from the closing of the Offering and entitle the holder thereof to acquire common shares of the Company at a price of $0.10 per common share on conversion. |
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| Source:http://www.marketwired.com/mw/release.do?id=2047786&sourceType=3 |
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