New Frontier Ventures Inc. Completes Debt to Equity Conversion
New Frontier Ventures Inc. Completes Debt to Equity Conversion
Toronto, Ontario--(Newsfile Corp. - July 7, 2023) - New Frontier Ventures Inc. (the "Company") (CSE: VFI.X) announced today that the Company has completed the conversion of certain indebtedness of the Company in an aggregate amount of $211,994 in exchange for 4,239,880 common shares of the Company at $0.05 per share (the "Debt to Equity Conversion"), a transaction that was previously announced on June 28, 2023.
安大略省多倫多-(Newsfile Corp.-2023年7月7日)-New Frontier Ventures Inc.公司“)(CSE：VFI.X)今天宣佈，本公司已完成若干債務的轉換，總金額為211,994美元，以換取每股0.05美元的4,239,880股本公司普通股(”債轉股)，這筆交易之前是在2023年6月28日宣佈的。
The conversion price was $0.05 per share. All of the securities issuable in connection with the transaction are subject to a hold period ending November 8, 2023.
換股價格為每股0.05美元。所有與這筆交易相關的可發行證券都受到截至2023年11月8日的持有期的限制。
Certain insiders of the Company participated in the Debt to Equity Conversion, and the Debt to Equity Conversion was approved by minority shareholders of the Company in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions.
本公司若干內部人士參與債轉股，債轉股獲本公司少數股東根據多邊檔案61-101“特殊交易中保護少數股權持有人”的規定批准。
All such business matters are more particularly described in the Company's Information Circular dated May 22, 2023 and the Company's news release dated June 28, 2023.
本公司於2023年5月22日的資料通告及本公司於2023年6月28日發佈的新聞稿中對所有該等業務事項作了更詳細的描述。
For further information, please contact:
如需更多資訊，請聯繫：
Vikas Ranjan, President, New Frontier Ventures Inc.
Email: vikas@gravitasfinancial.com
416-605-7024
維卡斯·蘭詹，總裁，New Frontier Ventures Inc.
電子郵件：vikas@gravitasfinial.com
416-605-7024
Not for distribution to United States newswire services or for dissemination in the United States.
不得分發給美國通訊社或在美國境內傳播。
To view the source version of this press release, please visit
要查看本新聞稿的源版本，請訪問
譯文內容由第三人軟體翻譯。