VANCOUVER, BC, May 3, 2024 /CNW/ - Chemistree Technology Inc. (CNSX:CHM.CN) and (USOTC:CHMJF) (the "Company" or "Chemistree"), announces that its board of directors (the "Board") has approved a restructuring transaction (the "Restructuring Transaction"), pursuant to which all of the principal of the outstanding 10% senior unsecured convertible debentures of the Company (the "Debentures") will be settled and all claims of the holders of the Debentures (the "Debentureholders") thereunder will be extinguished in exchange for common shares in the capital of the Company (the "Common Shares"). Debentureholders approved the Restructuring Transaction at an extraordinary meeting of Debentureholders held on April 26, 2024.
Read more at newswire.caChemistree Directors Ratify Debenture Restructuring
Newswire.ca - Press Release
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