Lucky Minerals (TSX-V:LKY, OTC:LKMNF) told investors that it has reached an agreement with holders of the convertible debenture entered into in October 2018 to extend the maturity date of the debenture by a further 90 days, from October 4, 2023, to January 2, 2024.
The original convertible debenture was set to mature on October 4, 2021, and was extended to October 4, 2023. The convertible debenture is convertible into units at C$0.10 per unit, with each unit being comprised of one common share and one-half a common share purchase warrant.