4 SQ International SC S.A. Announces Dematerialisation of 600,000 Series A-1 Preferred SharesEuroclear Bank Securities Listing Application Filed: Restricted to Qualified Investors
The Issuer will be applying for listing of the preferred shares on the Euroclear Bank Securities Database. The Series A-1 shares are non-voting, participating, redeemable, non-cumulative variable dividend perpetual preferred shares "Preferred Shares" which are collateralised by valuable in-ground mining Canadian assets described in an NI-43-101 report to have a gross valuation before extraction in excess of $164 billion U.S.D. The Preferred Shares represent the first tranche of a programme offering in which issuer reserved the right to issue up to a total of 1,250,000,000 preferred shares which can be offered for sale through a bespoke private placement offering exclusively to Qualified and Professional Investors at €88 per share and if redeemed after one year require a redemption price of €100 per share along with the differential, if any, of three years of twelve percent (12%) dividend payments. Investors from the United States, Cyprus and Greece are not eligible to purchase the shares as well as all EEA Retail Investors. The Chairman of 4 SQ International SC Société Anonyme indicated that as soon as the issue is listed on the Euroclear Bank Securities Database that the Company will apply to G.E.Mi. (Γ.Ε.ΜΗ. - Γενικό Εμπορικό Μητρώο) stands for the General Commercial Registry for permission to issue an additional 150 million shares in its second tranche. https://4sq.gr End
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