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Friday, June 9, 2017

Difference Capital Announces Investment in Mogo

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TORONTO, ON–(Marketwired – June 08, 2017) – Difference Capital Financial Inc. (“DCF” or the “Company”) (TSX: DCF) (TSX: DCF.DB), announces that, in connection with a financing announced by Mogo Finance Technology Inc. (“Mogo”) on June 6, 2017, it has acquired ownership and control over a senior secured convertible debenture in a principal aggregate amount of $4,000,000 (the “Debenture”) issued by Mogo. The Debenture matures on May 31, 2020 (the “Maturity Date”) and bears interest at a rate of 10% per annum, payable semi-annually on May 31st and November 30th of each year. The Debentures are conditionally listed for trading on the Toronto Stock Exchange (the “TSX”) under the symbol “MOGO.DB”, subject to Mogo fulfilling all of the listing requirements of the TSX on or before August 4, 2017.

June 09, 2017 at 02:23AM

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