PESA Corporation Announces Debt Conversion and Update to Rights Offering
Toronto, Ontario--(Newsfile Corp. - June 14, 2021) - PESA Corporation ("PESA" or the "Company") is pleased to announce that it has agreed with two arm's length secured debenture holders to convert ("Debt Conversion") their outstanding debentures, aggregate principal amount $570,074, into an aggregate of 11,401,478 Common Shares of the Company at $0.05 per shares, being the same price as the subscription price for the Company's recently completed Rights Offering. The Company also announces...
2021-06-14 4:31 PM EDT
PESA Corporation Announces Closing of Rights Offering
Toronto, Ontario--(Newsfile Corp. - June 1, 2021) - PESA Corporation ("PESA") is pleased to announce that the rights offering previously announced on April 19, 2021 and amended on May 3, 2021 has closed with a total of 19,332,346 common shares subscribed at a subscription price of $0.05 per share for the gross proceeds of $966,617.30.PESA Executive Chairman Howard Sutton commented, "The new funds will be used to support the development and working capital to deliver the most secure mission...
2021-06-01 5:33 PM EDT
Pesa Corporation Announces Amended and Restated Rights Offering
Toronto, Ontario--(Newsfile Corp. - May 5, 2021) - Pesa Corporation ("Pesa" or the "Company") announces it has amended its rights offering ("Amended Rights Offering") to offer Common Shares rather than Class A Preference Shares as set out in the Company's management information circular dated April 19, 2021 in connection with the annual and special meeting (the "Meeting") of the Company's shareholders to be held on May 21, 2021. Under the Amended Rights Offering, the Company will offer...
2021-05-05 5:54 PM EDT