ROI Land announces C$5.5 million private placement of convertible debt

Company has already raised C$4.52 million through its planned offering

By Devika Patel

Knoxville, Tenn., Nov. 3 – ROI Land Investments, Ltd. said it plans a C$5.5 million private placement of convertible debt. It has already raised C$4.52 million in the form of a convertible debt instrument.

Computershare Ltd. will act as the collateral agent for the investors and paying agent for the debtholders for both principal and interest.

The real estate investment company is based in Quebec City.

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