By Sheri Kasprzak
New York, March 16 - Triant Holdings Inc. has wrapped a C$1.5 million private placement of 5% series A convertible debentures.
The debentures are due Feb. 22, 2007. The conversion price of the debentures could not be determined by press time Thursday.
Proceeds will be used for working capital and general corporate purposes.
Vancouver, B.C.-based Triant develops health monitoring data analysis technology.
| Issuer: | Triant Holdings Inc.
|
| Issue: | Series A convertible debentures
|
| Amount: | C$1.5 million
|
| Maturity: | Feb. 22, 2007
|
| Coupon: | 5%
|
| Price: | Par
|
| Yield: | 5%
|
| Warrants: | No
|
| Settlement date: | March 16
|
| Stock symbol: | Toronto: TNT
|
| Stock price: | C$1.05 at close March 16
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
