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Mene Inc.

10:23 AM EST - Mene Inc. : Has completed its previously announced debt financing with a strategic lender. Under the Debt Financing, the Lender has purchased, on a non-brokered private placement basis, a 3.0% secured non-convertible note of the Company with a $20,000,000 aggregate principal amount due March 8, 2021. The Lender also acquired under the Debt Financing 15,000,000 free-trading subordinate voting share purchase warrants in the capital of the Company. Each Warrant entitles the holder thereof to purchase a Class B Share at a price of $1.00 per Warrant Share until November 29, 2020. Mene Inc. shares V.MENE are trading down $0.02 at $0.70.