IsoEnergy to Settle Portion of Interest Payment in Shares

(PresseBox) - IsoEnergy Ltd. (?IsoEnergy? or the ?Company?) (TSXV: ISO; OTCQX: ISENF - https://www.commodity-tv.com/ondemand/companies/profil/isoenergy-ltd/ ) has agreed to settle a portion of the interest payment due to Queen?s Road Capital Investment Ltd. (?QRC?) (TSXV: QRC) as at June 30, 2021. Pursuant to the unsecured convertible debenture dated August 18, 2020 between QRC and the Company (the ?Debenture?), as at June 30, 2021, the Company will owe QRC interest in the amount of US$255,000 of which US$75,000 will be settled with the issuance of 31,120 common shares of the Company (?Shares?), at a deemed price of US$2.41.

Under the terms of the Debenture, the portion of the interest payable to QRC equal to 2.5% per annum is payable in Shares at a price per Share equal to the volume-weighted average trading price per Share on the TSX Venture Exchange (?TSXV?) for the twenty consecutive trading days ending 3 trading days prior to the date such interest is due. The portion of the interest payable to QRC equal to 6.0% per annum is payable in cash.

About IsoEnergy

IsoEnergy is a well-funded uranium exploration and development company with a portfolio of prospective projects in the eastern Athabasca Basin in Saskatchewan, Canada.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Leseranfragen:
PresseKontakt / Agentur:
Bereitgestellt von Benutzer: PresseBox
Datum: 29.06.2021 - 03:26 Uhr
Sprache: Deutsch
News-ID 1568586
Anzahl Zeichen: 5334

contact information:
Contact person:
Town:

Vancouver, BC

Phone:

Kategorie:

Internet

Typ of Press Release:
type of sending:
Date of sending:
Anmerkungen:


Diese Pressemitteilung wurde bisher 290 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"IsoEnergy to Settle Portion of Interest Payment in Shares
"
steht unter der journalistisch-redaktionellen Verantwortung von

Swiss Resource Capital AG (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

New potash capacities are in demand ...

Potash is used worldwide for fertilizer production. Cultivated land is decreasing, while the world population is growing. Advertisement/Advertising - This article appears on behalf of Millennial Potash Corp., with which SRC swiss resource capital AG ...

Gold, platinum, and copper ...

These three precious metals have similarities, but there are also differences. Advertisement/Advertising - This article appears on behalf of Mogotes Metals Inc. and Sibanye-Stillwater Limited, with which SRC swiss resource capital AG has paid IR advi ...

Gold price in September ...

Advertisement/Advertising ?? This article appears on behalf of Fury Gold Mines Ltd. and Fortuna Mining Corp., with whom SRC swiss resource capital AG has paid IR consulting contracts. Creator: SRC swiss resource capital AG ? Author: Ingrid Heinritzi ...

Alle Meldungen von Swiss Resource Capital AG