Replies to post #45114 on Mexus Gold US (MXSG)

[Captain Black Bob Blanco]

Next up is this note eligible for conversion Monday July 11th.
If the pps doesn’t, drop below .0022 between now and then, the note plus 6 months of interest at 12% will convert at .0014 which should be worth roughly 33 million shares, if my math is correct.

Sixth Street Lending LLC
On January 10, 2022, the Company issued a Convertible Promissory Note (“Note”) to Sixth Street Lending LLC (“Holder”) in the original principal amount of $43,500 uless transaction costs of $3,500 bearing a 12% annual interest rate and maturing January 10, 2023, for $40,000 in cash. After 180 days after the issue date, this Note together with any unpaid accrued interest is convertible into shares of common stock of the Company at the Holder’s option at a variable conversion price calculated at 65% of the market price defined as the average of the lowest two trading prices during the fifteen (15) trading day period ending on the latest complete trading day prior to the conversion date.