PIL 0.00% 0.6¢ peppermint innovation limited

News: PIL Peppermint Innovation Announces Deal For Sale Of Zambian Copper Exploration Licences

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    June 10 (Reuters) - Peppermint Innovation Ltd (PIL) :

    • EXECUTED SALE AND PURCHASE DEAL FOR SALE OF LEGACY ZAMBIAN COPPER EXPLORATION LICENCES
    • RENEGOTIATED TERMS OF OUTSTANDING $1.5M CONVERTIBLE NOTE WITH CAASON GROUP
    • 90% OF NOTES BEING ADJUSTED TO A 1CPS CONVERSION PRICE & APRIL 2022 MATURITY DATE
    • ISSUE OF NEW NOTES WOULD EXCEED CO'S PLACEMENT CAPACITY &SHAREHOLDER APPROVAL WILL BE SOUGHT FOR ISSUE
 
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