Valoe converts €100,000 more convertibles at Winance’s request

By Mary-Katherine Stinson

Lexington, Ky., April 11 – Valoe Corp. has approved the request by Winance to convert €100,000 of its convertible notes to shares in the company at a conversion price of €0.07 per share, according to a press release.

The conversion will be executed by transferring a total of 1,428,571 treasury shares to Winance.

After the transfer, Valoe will have in total 25,981,114 treasury shares.

Valoe specializes in clean energy, especially in photovoltaic technology, and is based in Mikkeli, Finland.

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