Poet Technologies debenture private placement

Poet Technologies Inc (C:PTK) 
Shares Issued 288,082,302
Last Close 6/11/2019 $0.365
Tuesday June 11 2019 - Private Placement - Debenture

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced on April 1, 2019.

Convertible debenture:$4,251,000 principal amount Conversion price:convertible into common shares at 40 cents of principal amount outstanding until maturity Maturity date:two years from issuance Interest rate:12 per cent per annum Warrants:10,627,500 share purchase warrants to purchase 10,627,500 shares Warrant exercise price:vNumber of placees:34 placeesInsiders:David Lazovsky, $50,000; Jean-Louis Malinge, $70,000; Chris Tsiofas, $100,000; Mohandas Warrior, $70,000; Don Listwin, $100,000; Peter Charbonneau, $100,000; Thomas Mika, $30,000; Suresh Venkatesan,$100,000; Kevin Barnes, $20,000; Rajan Rajgopal, $70,000 Broker's commission:$164,550 in cash to IBK Capital Corp.

https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aPTK-2772280&symbol=PTK&region=C