InvestorNewsBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Provides Update on Convertible Debentures Interest Payment
Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that provides proprietary motor-control and complete electric-propulsion system technology for e-mobility, is reporting details on interest payments due this month; the payment details are in regard to Exro’s outstanding C$15 million convertible debentures issued in December 2022. According to the announcement, the debentures bear interest at 12% per annum and are payable semiannually in arrears…