BluSky Carbon Inc. has announced new amendments to the terms of its convertible debenture financing, involving a principal amount of $750,000. Each Convertible Debenture Unit now includes a $1,000 principal amount Convertible Debenture and 4,761.9 common share purchase warrants, allowing holders to acquire common shares at $0.30 for two years. The conversion price for the debentures has been adjusted to $0.115 per common share, with an extended maturity date of February 23, 2027. Additionally, BluSky has granted 5,000,000 Restricted Share Units (RSUs) to its directors, subject to vesting provisions, as part of its equity incentive plan.
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