VERSES Closes CAD$2.65 Million Convertible Debenture Unit
VERSES AI Inc. has completed a non-brokered private placement, raising CAD$2.65 million, predominantly in cash. Each secured convertible debenture unit consists of CAD$1,000 in debentures and 164 share purchase warrants. The debentures, convertible at CAD$3.04 per share, mature on December 18, 2027, and bear 15% interest. The company plans to use the proceeds for working […]