Underground Energy $911,000 (U.S.) debenture financing

 

2013-01-16 22:00 ET - Private Placement - Debenture

 

 

 

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The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement for Underground Energy Corp. announced Sept. 20, 2012, and closed Dec. 3, 2012:

 

 

Convertible debenture units: $911,000 (U.S.) in convertible debenture units; each unit consists of $1,000 (U.S.) principal amount of convertible debentures and 5,000 share purchase warrants

 

 

 

 

Conversion price: convertible into common shares at a conversion price of 10 cents per common share

 

 

 

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