Hemp Naturals, Inc. (OTCPK:HPMM) announced that it has entered into a securities purchase agreement for a private placement of three 8% secured convertible promissory notes with a face value of $78,750 each for gross proceeds of $236,250 with Adar Bays, LLC on February 28, 2018. The debenture carries a fixed coupon of 8% per annum. The secured convertible promissory note which provides conversion features equal to 55% of the lowest trading price of the company’s common stock for the last 20 trading days prior to conversion. The promissory notes convertible into 4,357,000 common shares of the company. The company will pay all transfer agent costs associated with issuing and delivering the shares.