True North Energy Corp. (TNEN)

[aussieinvader]

TNEN are currently attempting to get away a convertible note issue.

The notes will mature next April at 2.7c per share including capitalised interest....

"On April 30, 2018, or such earlier date as the Company may at its absolute discretion determine (the “Conversion Date”) the unpaid Principal balance of this Promissory Note, together with all accrued interest (if any), shall automatically, and without any required action by Holder, convert into [x,xxx,xxx being 367,890 shares per $10,000 note] shares of common stock (the “Shares” and the “Common Stock”) of the Company (the “Conversion”)"