Posted On: 03/31/2016 6:58:32 AM
Post# of 22465
QMC raising funds
Quantum Materials Corp. (the “Company”) is conducting a private placement of up to 2,000 Units, each Unit consisting of $1,000 Unsecured Convertible Promissory Notes (each, a “Note”) and a warrant to purchase 4,166 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a purchase price of $0.15 per share (each, a “Warrant”) for five years. The Notes have a maturity of two years from the date of issuance, bear interest at the rate of 6% per annum and are convertible into shares of Common Stock at $0.12 per-share, subject to adjustment.
Quantum Materials Corp. (the “Company”) is conducting a private placement of up to 2,000 Units, each Unit consisting of $1,000 Unsecured Convertible Promissory Notes (each, a “Note”) and a warrant to purchase 4,166 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a purchase price of $0.15 per share (each, a “Warrant”) for five years. The Notes have a maturity of two years from the date of issuance, bear interest at the rate of 6% per annum and are convertible into shares of Common Stock at $0.12 per-share, subject to adjustment.
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