- OverActive Media (TSXV:OAM:CA) has upsized its debt financing, whereby the company now intends to borrow an additional C$1M from an entity controlled by the Kimel family.
- Accordingly, the company will also issue the lender 330,000 common share purchase warrants, for an aggregate of 660,000 warrants to be issued in connection with the financing, and all warrants will have an exercise price of C$0.30 per warrant and a term of one year.
- Source: Press Release
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