Grown Rogue Secures $5M Via Convertible Debenture Financing
Grown Rogue Secures $5M Via Convertible Debenture Financing
Grown Rogue International Inc. (OTCPK:GRUSF) (CSE:GRIN) has closed the first tranche of a non-brokered private placement of unsecured convertible debentures with an aggregate principal amount of $5 million. Additionally, on closing, the company issued to the subscribers under the offering an aggregate of 13.7 million common share purchase warrants representing one-half of one warrant for each CA$0.24 of principal amount subscribed. The company may, at its option, increase the offering by an additional $1 million for gross proceeds of up to $6 million.
Grown Rogue國際公司(OTCPK：GRUSF)(CSE：GRIN)有完成了第一批非經紀私募無擔保的可轉換債券本金總額為500萬美元。此外，在交易完成時，該公司根據發售向認購人發行總計1,370萬份普通股認購權證，相當於每認購0.24加元本金認購一份認股權證的0.5加元。該公司可以選擇將發行量再增加100萬美元，總收益最高可達600萬美元。
The debentures will mature four years from the date of issue, bear interest at a rate equal to 9% per annum, payable in United States currency on the last business day of the month following the end of each calendar quarter and are convertible as set forth below into common shares of the company.
債券將在發行之日起四年到期，年利率為9%，在每個日曆季度結束後的下一個月的最後一個營業日以美元支付，並可按以下規定轉換為公司的普通股。
Debentureholders will be entitled, at their option, to convert, at any time on or prior to the maturity date, the outstanding principal amount and accrued interest into shares at a price per share equal to CA$0.24. The company may elect to prepay the principal amount together with any interest thereon prior to the maturity date upon providing 30 days' notice to the debentureholder.
債券持有人將有權在到期日或到期日之前的任何時間，以每股0.24加元的價格將未償還本金和應計利息轉換為股票。公司在向債券持有人發出30日通知後，可以選擇在到期日之前預付本金及其利息。
Each warrant will be exercisable into one share at an exercise price of CA$0.28 for a period of three years from the date of issue and are subject to an acceleration clause that in the event that the shares close at or above CA$0.40 per share on the Canadian Securities Exchange for ten consecutive trading days, the warrant expiry date shall accelerate to 90 days following notice of the acceleration event.
每份認股權證將在發行之日起三年內以0.28加元的行使價行使為一股，並受加速條款的約束，該條款規定，如果股票在加拿大證券交易所連續十個交易日收於每股0.40加元或以上，認股權證的到期日應在接到加速事件通知後加速至90天。
The proceeds of the offering will be used for the expansion of the company's business and for general corporate purposes.
是次發行所得款項將用於公司業務擴展及一般企業用途。
Benzinga Cannabis Capital Conference
本辛加大麻首都會議
The Benzinga Cannabis Capital Conference, the place where deals get done, is returning to Chicago this Sept 27-28 for its 17th edition. Get your tickets today before prices increase and secure a spot at the epicenter of cannabis investment and branding.
Benzinga Cannabis Capital Conference是達成交易的地方，將於今年9月27日至28日返回芝加哥舉行第17屆。在價格上漲之前今天就買到票，並在大麻投資和品牌推廣的中心獲得一席之地。
Photo by Giorgio Trovato on Unsplash
Giorgio Trovato在Unspash上的照片
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譯文內容由第三人軟體翻譯。