KMT-Hansa Updates Debt Conversion

Barchart · 10/15 17:51

TORONTO, Oct. 15, 2024 (GLOBE NEWSWIRE) -- KMT-Hansa Corp. (the “Corporation”) would like to announce that, further to its press release of October 2, 2024, several creditors have expressed an interest to crystallize their debt as a convertible debenture (collectively, the “Debentures”). Each Debenture will entitle the creditors to acquire one (1) common share in the capital of the Corporation at an exercise price of $0.035 for a period of twelve (12) months from date of issuance.

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