Japan Gold Closes US$1 Million Convertible Debenture With Equinox Partners
Japan Gold Corp. closed a US$1 million unsecured convertible debenture private placement with strategic investor Equinox Partners Investment Management, completing the financing announced June 12.
Japan Gold Corp. (TSXV: ) (OTCQB: ) closed a non-brokered private placement of unsecured convertible debentures for gross proceeds of US$1,000,000 (CDN$1,393,000) to Equinox Partners Investment Management, LLC on June 23 [1]. Equinox is a strategic investor and major shareholder of the Vancouver-based junior mining company [2].
The Company announced the offering on June 12, and the debenture financing closed eleven days later. Japan Gold did not disclose the conversion price, maturity date, interest rate, or other terms of the convertible instrument in the closing announcement.
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