Stockport Exploration Inc. Announces Proposed Extension of Convertible Notes
March 28, 2018
Stockport Exploration Inc. announces that its $295,000 loan financing from various directors, officers, and other private investors of the Company of 15% unsecured convertible notes will have the maturity date extended by eighteen months, subject to TSX Venture Exchange approval. Under the terms of the financing, the principal amount of the Loans bear interest at 15% per annum, payable quarterly and will be repayable by the Company on or before September 27, 2019.
