Credipresto S.A. de C.V. SOFOM E.N.R. Announces Acquisition of Convertible Debenture and Warrants

April 4, 2017

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VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 4, 2017) – Credipresto S.A. de C.V. SOFOM E.N.R. (“Credipresto“), of San Jerónimo 595-401 Col. Tizapán San Angel, México D.F. CP. 01090, announces that it has acquired ownership and control of a secured convertible debenture of Dynasty Metals & Mining Inc. (“Dynasty“) in the aggregate principal amount of US$500,000 (the “Debenture“) pursuant to a non-brokered private placement (the “Private Placement“). The principal amount of the Debenture is convertible on or before April 3, 2019 at the option of the holder into common shares of Dynasty (the “Common Shares“) at a price of CAD$0.25 per Common Share, based on a Canadian dollar/US dollar exchange rate of 1.3322. An aggregate of up to 2,664,400 Common Shares are issuable by Dynasty on conversion of the Debenture, representing approximately 3.03% of the issued and outstanding Common Shares on completion of the Private Placement (“Closing“).

Category: General