Advance United Holdings, Inc. (TSE:AUEX) has released an update.
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Advance United Holdings, Inc. has announced a private placement of $100,000 through the sale of unsecured convertible debentures, which will mature in three years with a 3% annual interest rate. These debentures are convertible into common shares and come with warrants, all subject to a four-month hold period. Additionally, the company noted corporate secretary changes with the resignation of Mr. Radovan Danilovsky and the appointment of Ms. Carly Burk.
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