MISSISSAUGA, Ontario, June 02, 2022 (GLOBE NEWSWIRE) -- Smart Employee Benefits Inc. (“SEB” or the “Company”) (TSXV:SEB.VN) (OTC-BB:SEBFF) a leader in benefits processing solutions and services today announced that as contemplated in the $5,000,000 convertible debenture (the “Debenture”) previously issued to Co-operators Financial Services Limited (“The Co-operators”), SEB intends to issue common shares (the “Shares”) in satisfaction of the accrued interest and PIK Fees (as hereinafter defined) payable on May 31, 2022 under the Debenture.
Corporate Update: Payment of Convertible Interest-in-Kind
Globe Newswire - Press Release
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