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Posted by
Two Blokes Jul 4 -
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Stock
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Calgary, Alberta / July 4 , 2025 – TheNewswire - Credissential Inc. (“Credissential” or the “Company”) (CSE: WHIP) (OTC: IPTNF) (FSE: 9YZ) is pleased to announce that it has closed its previously announced non-brokered private placement of convertible debenture units (each, a “ Convertible Debenture Unit ”) for gross proceeds of $150,000 (the “ Offering ”). Each Convertible Debenture Unit consists of (i) a $1,000 principal amount unsecured convertible debenture (a “ Convertible Debenture ”) and (ii) 20,000 common share purchase warrants (each, a “ Warrant ”). Each Warrant entitles the holder to acquire one common share of the Company (a “ Common Share ”) at an exercise price of $0.05 for a period of two (2) years from the date of issuance. The Convertible Debentures bear interest at a rate of 12.0% per annum, mature 24 months from the date of issuance, and are convertible, in whole or in part, into Common Shares at the option of the holder at a conversion price of $0.05 per Common Share.
