Upco International Inc.
Upco International Inc.
- ISIN: CA9152971052
- Land: .
Nachricht vom 04.06.2019 | 15:03
Upco International Inc. Announces Closing of Convertible Debenture Financing
DGAP-News: Upco International Inc. / Key word(s): Miscellaneous Vancouver, British Columbia--(Newsfile Corp. - June 4, 2019) - Upco International Inc. (CSE: UPCO) (OTCQB: UCCPF) (FSE: U06) ("Upco") is pleased to announce it has closed a Convertible Debenture Financing and raised $288,750. Upco has issued 55 convertible debentures representing a subscription price of Cdn. $5,250.00 per Convertible Debenture. The Convertible Debentures will be dated as of their date of issue and will mature on the date which is five (5) years from such date ("Maturity") and bear interest from their date of issue at 5% per annum. The Convertible Debentures will be convertible at the holder's option into fully paid and non-assessable common shares in the capital of Upco at a base conversion price of $ Cdn. 0.35 per Share, being a rate of 15,000 Shares for each $ Cdn. 5,250 principal amount of Convertible Debentures. The convertible debentures will convert into shares at the request of Upco if the closing price of Upco's shares has been equal to or greater than $Cdn. 0.50 per common share for a period of thirty (30) consecutive trading day. The company intends to use the net proceeds from the Debentures to fund additional project development, branding and marketing initiatives, as well as ongoing working capital and general corporate purposes. About Upco International Inc. Upco International Inc. is a cloud-based mobile service company which provides high-quality voice termination to a market driven by the growing activity in online communications and commerce. Upco is a licensed Global Telecom Carrier within the international VoIP (voice over IP) wholesale business. Upco has designed a software application for Apple iOS and Android, similar to SKYPE and WhatsApp. With the forthcoming addition of the Upco E-Wallet using Blockchain Payment Services, users will be able to: send invoices, approve payments, transfer international funds, convert international currencies, and track transfers and payments. ON BEHALF OF THE BOARD OF DIRECTORS Andrea Pagani, CEO and Director To view the source version of this press release, please visit https://www.newsfilecorp.com/release/45280
04.06.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Upco International Inc. |
Canada | |
ISIN: | CA9152971052 |
EQS News ID: | 819213 |
End of News | DGAP News Service |
Weitere News
-
26.01.21 03:59
Upco International Inc. Ankündig wichtiges Upd ... -
19.05.20 15:00
Upco International Inc. Announces Agreement wi ... -
16.08.19 15:03
Upco International Inc. Has Appointed Mr. Ruy ... -
07.08.19 15:03
Upco International Inc. Announces New Features ... -
29.07.19 15:02
Upco International Inc. Announces Expansion In ...
Event im Fokus

Termine 2021
10. Juni 2021:Fachkonferenz Immobilien
14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure
13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie
10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix
„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“
GBC-Fokusbox

11 Perlen im „GBC Fonds Champions 2021“
Im Rahmen der aktuellen Studie „GBC Fonds Champions 2021“ haben wir elf versteckte Fondsperlen mit dem Kriterium einer Mindestbewertung von 4 von 5 GBC-Falken ausgewählt. Auch tragen wir dem gesteigerten Investoreninteresse nach nachhaltigen Investments Rechnung und haben drei nachhaltige Fonds ausgewählt. Übrigens, die Fonds aus unserer letzten Ausgabe haben im Schnitt eine Performance von plus 31,8 % erreicht.
Der AKTIONÄR News

23. April 11:35 Trading-Tipp Nordex nach Kurssprung - war das nur der Anfang?
23. April 11:28 Ripple: Massiver Einbruch – war das erst der Anfang?
23. April 11:20 Luxus-Aktien: Gewinne de luxe
23. April 11:20 “Hot-Stock” mit 50% Potenzial: Aus der Extremsituation auf den ...
23. April 10:45 Xpeng: Tesla-Jäger plant fliegendes Auto
News im Fokus

Continental veröffentlicht vorläufige Kennzahlen für das erste Quartal 2021
23. April 2021, 12:20