Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) to Sell Unsecured Convertible Note Units for up to C$20 Million on Private Placement Basis
The company has entered into an agreement with a syndicate of agents that will be engaged in the private placement sale; the syndicate is led by Canaccord Genuity Corp. A single unit is comprised of one C$1,000 unsecured note that accrues annual interest and 77 common share purchase warrants of Plus Products The proceeds will be used for working capital and other corporate purposes Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF), a leading branded products manufacturer, recently announced that it has entered into an agreement with a syndicate of agents concerning the private placement of unsecured convertible note units, according…