Monday, December 20, 2021
1:35 PM EST – Fantasy 360 Technologies : Announced that it has entered into a loan agreement between the Company and Westdale Construction Co. Limited dated December 17 whereby the Company will borrow up to an aggregate of $3,000,000 loan and will issue to Westdale 2,000,000 common share purchase warrants. Each Warrant will entitle the holder to acquire one common share of the Company at an exercise price of $0.52 for a period of 4 years. The Company intends to use the proceeds from the Loan to satisfy demand, build an inventory of critical parts and expand its capacity to deliver the best range of products possible to its customers. Fantasy 360 Technologies (C.VRAR) shares were down 0.01 cent at 0.28.
Stocks in Play: Fantasy 360 Technologies, Mon, 20 Dec 2021 01:42:05 EST