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Maritime Launch Services Debenture Extension
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Maritime Launch Services Debenture Extension

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Jaguar Financial (TSE:MAXQ) has released an update.

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Maritime Launch Services Inc. has successfully negotiated an extension of the maturity date for its convertible debentures from May to December 2024, with conditions, including a common share issuance, to be finalized by mid-August. The extension, which has been officially approved by the Board and a majority of common shareholders, also adjusts the interest rate on these debentures to 10%, with an additional 5% payable in shares.

For further insights into TSE:MAXQ stock, check out TipRanks’ Stock Analysis page.

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