the convertible notes will mature 3 years from their issue date, at which point the noteholders may elect to either:
1. be repaid the principal amount of A$1,000 per convertible note or
2. convert the convertible notes into ordinary shares at a conversion price of A$0.022 per share (the Conversion Price). On conversion this price may be adjusted to reflect a subsequent subdivision or consolidation of shares, rights offers, equity issuances, change of control etc
BRL Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
