12:30 PM EST - ZoomAway Travel Inc. : Has been approached by an existing lender and intends to offer another round of convertible debt to such lender, subject to TSX Venture Exchange approval. The Company intends to issue up to $750,000 U.S. (approx. $1,000,000 Canadian) of Convertible Notes. Such Notes may be issued in tranches and will be convertible into Common Shares of the Company at a conversion price of $0.09 per share in the first 12 months following issuance and convertible at $0.10 per share for the next 12 months following their date of issue. ZoomAway Travel Inc.
shares V.ZMA are trading down $0.005 at $0.09.