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Credissential announces $500K convertible note offering, grants 7M RSUs (IPTNF)

  • Credissential (OTCPK:IPTNF) is launching a non-brokered private placement of convertible notes for up to $500,000.
  • Notes are unsecured, 12-month term, and convertible at $0.05/share, or lower if allowed by CSE rules.
  • Proceeds will go toward general corporate and working capital purposes.
  • The company has also granted 7M restricted share units to consultants under its omnibus equity incentive plan.
  • The RSUs are subject to a four-month and one-day hold period.
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