BULLETIN V2024-2277 CHAR TECHNOLOGIES LTD. ("YES") BULLETIN TYPE: Warrants for Bonuses BULLETIN DATE: July 25, 2024 TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a proposed advance in the form of non-convertible unsecured financing (the "Loan"), among the Company and several arm's- and non-arm's-length lenders, in the form of term promissory notes, whereby the Company received $850,000 principal amount advance. The Loan bears interest at 10% per annum and matures in three months from issuance.
Additionally, the Exchange has accepted issuance of up to 850,000 bonus warrants, each exercisable into one common share at $0.38 per share for a period of 1 year from issuance.
For more information, please refer to the Company's news release dated July 12, 2024. _______________________________________
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