HXPN Inc. (OTCPINK: HXPN), an emerging technologies and mineral resources development company, has received a letter of commitment from OPUS AMDG Inc. to raise $500 million of debt capital through a Global Note to be issued by OPUS. The company will use the funds for the acquisition of multiple equity investments.
“We are very excited to have this major hurdle cleared in finding the right partner to assist HXPN with its capital needs,” said Steve Bailey, president and CEO of HXPN. “OPUS understands what we are doing and they see the value associated with our investment plans. Additionally, OPUS has the right partners in place to make this process as seamless as possible, including assistance in the sourcing of bridge funding that will allow our projects to start immediately. OPUS is a one-stop shop, and we like that,” added Bailey.
“We look forward to working with HXPN management to close this first funding round for the Company,” said Guy Tullio, president and managing director of OPUS. “The HXPN team has helped to make this capital raise of value not only to HXPN, but also to the clients of OPUS. This is a “partnership” in the truest sense of the word.”