EM2 8.70% 4.2¢ eagle mountain mining limited

EM2, page-217

  1. 5,178 Posts.
    lightbulb Created with Sketch. 52
    Is there an option ?
    I don't think they have the cash to repay.

    I am a little unclear on ramifications -- if there is not enough cash available to repay , then it will require conversion at a 12% discount to the VWAP.”.

    The result is that Charles ends up with 3 million dollars worth of shares at just under 4 cents per share ?
 
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4.5¢ 4.5¢ 4.2¢ $38.95K 898.1K

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1 175000 4.2¢
 

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4.4¢ 81684 2
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