PesoRama (PESO.V) on Tuesday said the TSX Venture Exchange granted the company the final approval for the listing of its 9.0% senior unsecured convertible debentures on the exchange.
The debentures mature on June 18, 2029, and bear an annual interest rate of 9.0%. The company expects trading of the debentures to start trading on or about July 3, under the trading symbol "PESO.DB".
The debentures are convertible into PesoRama shares priced at C$0.91.
Shares of the company were last seen up C$0.01, or 1.9%, to C$0.54 on the TSX Venture Exchange.
Price: $0.54, Change: $+0.01, Percent Change: +1.89%