KC.A Knightscove Media Corp. CL A

Knightscove Media Corp. (TSX VENTURE:KC.A)(TSX VENTURE:KC.B) ("Knightscove") is
pleased to announce that it has completed a private placement offering of
$385,000 of convertible debentures (the "Debentures"). All securities issued
pursuant to the financing will be subject to a four-month hold period.


The Debenture financing provides that the principal amount of the Debentures
will bear interest at a rate of 12% per annum, payable quarterly (in cash or in
subordinate voting shares ("SVS") of Knightscove), and that the Debentures will
mature two years from closing. The Debentures are convertible at the option of
the subscriber either (i) at any time during the first year of the term of the
Debentures into SVS at a rate of one (1) SVS in the capital of Knightscove per
$0.125 of Debenture; or (ii) at any time during the second year of the Debenture
into SVS at a rate of one (1) SVS in the capital of the Corporation per $0.17 of
Debenture. The Debentures shall automatically convert into SVS (at the
conversion prices described above) in the capital of Knightscove following the
SVS trading at or above seventy-five cents ($0.75) on the TSX Venture Exchange
for a period of twenty (20) consecutive days or more.


Finders' fees may be payable to eligible persons with respect to the financing
and will be subject to regulatory approval. The net proceeds will be used by
Knightscove to fund the acquisition of FDR Media Group Inc. and general working
capital.


Knightscove has 66,295,101 subordinate voting shares and 10,232,819 multiple
voting shares issued and outstanding. Additional information regarding the
business of Knightscove may be found filed on SEDAR at www.sedar.com.


These securities have not been registered under the U.S. Securities Act of 1933,
as amended, and may not be offered, sold or resold in the United States or to a
U.S. person absent registration or an applicable exemption from the registration
requirements.

Knightscove Media Corp. CL A (TSXV:KC.A)
過去 株価チャート
から 5 2024 まで 6 2024

Knightscove Media Corp. CL A (TSXV:KC.A)
過去 株価チャート
から 6 2023 まで 6 2024