Mining & Metals
PharmaCielo Intends to Issue 11.1-Million Interest Shares
PharmaCielo (PCLO.V) on Friday said it intends to issue more than 11.1-million of its common shares at $0.08 apiece, in satisfaction of an aggregate of $891,681.85 in accrued semi-annual interest payments due to holders of the company's 11% secured debentures, subject to the approval of the TSX Venture Exchange (TSXV).PharmaCielo is the Canadian parent of Colombia cultivator and producer of dried flower and food and medicinal grade cannabis extracts for the natural pharmaceuticals and consumer products market, PharmaCielo Colombia Holdings S.A.S.Shares of the company closed unchanged at $0.045 on Thursday on the TSXV.
$HMMJ.TO$PCLO.V