Replies to post #46849 on Quantum Materials Corp. (fka QTMM)

[chessmite]

QMC raising funds

Quantum Materials Corp. (the “Company”) is conducting a private placement of up to 2,000 Units, each Unit consisting of $1,000 Unsecured Convertible Promissory Notes (each, a “Note”) and a warrant to purchase 4,166 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”) at a purchase price of $0.15 per share (each, a “Warrant”) for five years. The Notes have a maturity of two years from the date of issuance, bear interest at the rate of 6% per annum and are convertible into shares of Common Stock at $0.12 per-share, subject to adjustment.

http://ih.advfn.com/p.php?pid=nmona&article=70947790