Aranjin to Extend Term of Outstanding Convertible Debenture
Aranjin to Extend Term of Outstanding
Convertible Debenture
Ulaanbaatar, Mongolia--(Newsfile Corp. - August 2, 2022) -
Aranjin Resources Ltd.
(TSXV:
ARJN)
("Aranjin" or the "Company")
announces that the Company will be extending the maturity date
of the $1,814,400 principal amount unsecured convertible debenture (the "
Debenture
") issued on
August 10, 2021, and convertible into common shares of the Company at a price of $0.055 per share.
The Debenture was issued pursuant to a private placement which closed on August 10, 2021. The
Company proposes to extend the maturity date by one (1) year, and accordingly, the new maturity date
for the Debenture will be August 10, 2023.
All other terms and conditions of the Debenture remain unchanged. The Debenture extension is subject
to acceptance by the TSX Venture Exchange.
About Aranjin Resources Ltd.
Aranjin Resources is committed to exploring its highly prospective copper and nickel projects in
Mongolia. Information about the Company is available on its website,
www.aranjinresources.com
,
or
under its profile on SEDAR at
www.sedar.com
.
Contact Information
Ali Haji, CEO
+ 1 647.871.4571
Neither the TSX, the TSX Venture Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX and TSX Venture Exchange) accepts responsibility for the adequacy
or accuracy of this release.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/132662