MONTREAL (Quebec), August 6, 2013<\/b><\/p>\n
THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES<\/p>\n
Alphinat Inc. (\u201cAlphinat\u201d) (TSX-V: NPA)<\/b>, a leader in innovative Software for the Smart Enterprise\u2122, announces that it has closed the first tranche of a non-brokered Debenture Offering, maximum of $3,000,000, consisting of Class A Units, each comprising a Class A Debenture accompanied by one Bonus Common Share per dollar of Class A Debenture subscribed and Class B Units, each comprising a Class B Debenture accompanied by one Bonus Common Share per dollar of Class B Debenture subscribed.<\/p>\n
The Class A Debentures bear interest at 10% annually with interest payable quarterly and mature on September 30, 2017. They are redeemable by the Corporation on or after September 30, 2015. They are being offered at their face value. The Class A and Class B Debenture holders have the right to convert the debentures at the principal amount plus any unpaid accrued interest into the next equity issue of the Corporation. In the event that the issue was offered at a discount to market the Class B Debenture holders shall not be entitled to any discount. Conversion of debentures will be conditional to prior TSX Venture Exchange\u2019s approval. and the conversion price will be based market price at the time of conversion.<\/p>\n
The Class B Units, including a Class B Debenture substantially identical to the Class A Debenture, are being offered exclusively to Alphinat secured lenders (the \u201cSecured Lenders\u201d) who advanced $500,000 (the \u201cSecured Indebtedness\u201d) to the Corporation in October 2011. The Units are offered in the context of a Debt Settlement whereby in consideration of the cancellation of the Secured Indebtedness which bears interest at a substantially higher rate than the Class B Debenture, and the removal of the security for the Secured Indebtedness, the Corporation will issue Class B Debentures having a value of 120% of the Secured Indebtedness being settled. In addition, the Secured Lenders will be entitled to receive one Bonus Common Share per dollar of Class B Debenture subscribed, of which 154,761 Bonus Common Shares were issued at closing and the remaining 345,249 Bonus Common Shares will be issued if and only upon approval by the shareholders at the next Special Shareholders Meeting.<\/p>\n
The Corporation has sought, and continues to seek, investors for this placement. The Corporation is pleased to announce that holders of $353,750 of Secured Indebtedness have converted into Class B Units at the first closing. In addition, to date, the Corporation has closed for additional funds in the amount of $202,500 and conversion of subordinated debt of $183,358 into Class \u201cA\u201d Units at the first closing. Final closing will be held on or before September 30, 2013.<\/p>\n
With respect to the Secured Indebtedness debt settlement, the Chief Executive Officer, Philippe Lecoq, stated: \u201cWe are very pleased with the progress of the debt conversion. The terms of the conversion were fair for both parties and this further reflects the ongoing confidence of the Secured Lenders and other debt holders in the Corporation. The completed conversion diminishes the Corporation\u2019s debt servicing load and eliminates the risk of debt obligations as well as freeing up additional capital which can be used towards further development. The elimination of the charge of on Alphinat\u2019s assets will open the way to new investment and permit further growth.<\/p>\n
The Units, Debentures and Shares purchased in this first closing are subject to a four-month hold period ending four months after issuance of the Units, in accordance with applicable securities laws.<\/p>\n
Of the $353,750 of Secured Indebtedness referred to above, $278,750 of Secured Indebtedness being converted is held by Insiders who received, subject to the other conditions stated above, 278,750 Class B Units. The holders of the $183,358 of unsecured indebtedness referred to above are also Insiders and received 183,358 Class A Units.<\/p>\n
No finder\u2019s fee was paid for the first closing, however the Corporation is authorized to pay fees of 6% in cash and such number of shares equal to 6% of shares issued pursuant to the offering with qualified intermediaries accepted in writing by the Corporation.<\/p>\n
The net proceeds from the Debenture Offering will be used to refund the non-converted portion of the Secured Indebtedness which comes to maturity on September 30, 2013 and to fund working capital.<\/p>\n\n\n
\u00c0 propos d’Alphinat<\/p>\n\n\n\n
Chez Alphinat, nous sommes motiv\u00e9s par la passion de rendre le d\u00e9veloppement d\u2019applications \u00e0 la port\u00e9e de tous.<\/p>\n\n\n\n
Il nous a toujours sembl\u00e9 \u00e9trange que les personnes ayant la vision de l’apparence et du comportement d’une application finie ne soient impliqu\u00e9es qu’au d\u00e9but du processus. Apr\u00e8s tout, quel meilleur moyen d\u2019assurer le succ\u00e8s d\u2019un projet que d\u2019impliquer les individus le plus pr\u00e8s des utilisateurs-finaux tout au long du processus?<\/p>\n\n\n\n
C’est pourquoi nous vous apportons de nouvelles fa\u00e7ons d’habiliter les bonnes personnes au bon moment dans le processus de d\u00e9veloppement d’applications. En m\u00eame temps, nous travaillons constamment \u00e0 r\u00e9duire le besoin de coder afin de rendre le d\u00e9veloppement et la maintenance d\u2019applications plus simples, tout en r\u00e9duisant les risques d\u2019erreurs.<\/p>\n\n\n\n
Que vous choisissiez de d\u00e9velopper vos applications \u00e0 l’aide de notre plateforme \u00ab low-code \u00bb SmartGuide\u00ae, d\u2019acc\u00e9l\u00e9rer le lancement de votre projet avec l\u2019une de nos applications pr\u00e9-construites ou de faire appel \u00e0 nous ou \u00e0 l’un de nos partenaires pour vous accompagner, nous sommes l\u00e0 pour vous aider \u00e0 d\u00e9ployer de meilleures applications en un temps record. Visitez https:\/\/www.alphinat.com\/fr pour plus d’informations.<\/p>\n<\/div><\/div>\n\n\n\n
\u00c9nonc\u00e9s prospectifs<\/p>\n\n\n\n
Certaines d\u00e9clarations du pr\u00e9sent document, y compris celles qui expriment les attentes ou les estimations de la direction en ce qui a trait au rendement futur de la soci\u00e9t\u00e9, constituent des “\u00e9nonc\u00e9s prospectifs” au sens des lois sur les valeurs mobili\u00e8res applicables. Les \u00e9nonc\u00e9s prospectifs sont n\u00e9cessairement fond\u00e9s sur un certain nombre d’estimations et d’hypoth\u00e8ses qui, bien que la direction les consid\u00e8re vraisemblables au moment de les formuler, sont assujetties de fa\u00e7on inh\u00e9rente \u00e0 des incertitudes et \u00e0 des risques importants sur les plans commercial, \u00e9conomique et concurrentiel. Nous avisons le lecteur que ces \u00e9nonc\u00e9s prospectifs sont assujettis \u00e0 des risques, \u00e0 des incertitudes et \u00e0 d’autres facteurs connus et inconnus qui pourraient entra\u00eener des \u00e9carts importants entre les r\u00e9sultats, le rendement ou les r\u00e9alisations r\u00e9els de la soci\u00e9t\u00e9 et les r\u00e9sultats, le rendement ou les r\u00e9alisations futurs d\u00e9crits de fa\u00e7on explicite ou implicite dans ces \u00e9nonc\u00e9s prospectifs. De nombreux facteurs pourraient entra\u00eener un \u00e9cart consid\u00e9rable entre les r\u00e9sultats r\u00e9els et ceux d\u00e9crits dans les \u00e9nonc\u00e9s prospectifs; parmi eux, citons la capacit\u00e9 de la soci\u00e9t\u00e9 \u00e0 accro\u00eetre l’acceptation de ses produits sur le march\u00e9 et \u00e0 p\u00e9n\u00e9trer de nouveaux march\u00e9s; l’existence de d\u00e9fauts ou de probl\u00e8mes non d\u00e9cel\u00e9s dans les produits de la soci\u00e9t\u00e9; l’aptitude de la soci\u00e9t\u00e9 \u00e0 g\u00e9rer sa croissance; la capacit\u00e9 de la soci\u00e9t\u00e9 \u00e0 faire face \u00e0 la concurrence; les obligations potentielles; le maintien des droits de propri\u00e9t\u00e9 intellectuelle de la soci\u00e9t\u00e9 et les litiges mettant en cause ces droits; la d\u00e9pendance de la soci\u00e9t\u00e9 envers le savoir-faire de son personnel cl\u00e9; et l’accessibilit\u00e9 de la soci\u00e9t\u00e9 \u00e0 des capitaux suffisants pour financer ses besoins futurs. Voil\u00e0 une liste non exhaustive des facteurs qui pourraient avoir une incidence sur l’un de nos \u00e9nonc\u00e9s prospectifs. Nous avisons les investisseurs de ne pas se fier ind\u00fbment aux \u00e9nonc\u00e9s prospectifs. Le pr\u00e9sent avis s’applique express\u00e9ment \u00e0 tous les \u00e9nonc\u00e9s prospectifs \u00e9crits ou oraux attribuables \u00e0 Alphinat ou \u00e0 toute personne s’exprimant au nom de la soci\u00e9t\u00e9. La soci\u00e9t\u00e9 d\u00e9cline toute intention ou obligation de mettre \u00e0 jour publiquement ces \u00e9nonc\u00e9s prospectifs, que ce soit en raison de nouveaux renseignements, d’\u00e9v\u00e8nements futurs ou autres. Les risques et incertitudes relatifs \u00e0 la soci\u00e9t\u00e9 sont d\u00e9crits plus en d\u00e9tail dans le rapport annuel de cette derni\u00e8re.<\/p>\n\n\n\n
La Bourse de croissance TSX n\u2019assume aucune responsabilit\u00e9 quant \u00e0 la pertinence ou \u00e0 l\u2019exactitude du pr\u00e9sent communiqu\u00e9 de presse.<\/p>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"
MONTREAL (Quebec), August 6, 2013 THIS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Alphinat Inc. (\u201cAlphinat\u201d) (TSX-V: NPA), a leader in innovative Software for the Smart Enterprise\u2122, announces that it has closed the first tranche of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/releases\/246"}],"collection":[{"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/releases"}],"about":[{"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/types\/releases"}],"author":[{"embeddable":true,"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/comments?post=246"}],"version-history":[{"count":0,"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/releases\/246\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.alphinat.com\/fr\/wp-json\/wp\/v2\/media?parent=246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}