Rainmaker seeks approval to extend due date of convertible debentures

Company wants to prolong maturity date to March 2017 from March 2016

By Devika Patel

Knoxville, Tenn., March 1 – Rainmaker Entertainment Inc. said it hopes to amend its series 1 and series 2 8% convertible unsecured subordinated debentures.

The proposed amendment would extend the debentures’ maturity date by one year to March 31, 2017 from March 31, 2016.

The company needs to get approval from 66 2/3% of the holders for the extension.

Based in Vancouver, B.C., Rainmaker is an animation studio and producer of computer generated animation.

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