APK Oasis

MiMedia Holdings to Settle Debenture Interest with Shares

From Markets Insider

MiMedia Holdings to Settle Debenture Interest with Shares

Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks

MiMedia Holdings Inc. has announced that it will settle its December 31st interest payment on its 10% Unsecured Convertible Debentures in Subordinate Voting Shares. This move, pending TSX Venture Exchange approval, will see approximately $310,000 in interest converted into shares, providing an innovative approach to fulfilling its financial obligations.

For further insights into TSE:MIM stock, check out TipRanks' Stock Analysis page.

Previous articleNext article

POPULAR CATEGORY

Software

35304

Artificial_Intelligence

12291

Internet

26604