(TSX:SPB) is pleased to announce that it will redeem an additional $50 million principal amount of its 5.75% convertible unsecured subordinated debentures
due December 31, 2012 in accordance with the indenture governing the 2012 Debentures
Exploration company LKA Gold Incorporated (OTCQB:LKAI) disclosed on Monday that certain of its largest shareholders and insiders have agreed to convert their 7.5% convertible debentures
, plus accrued interest to its common stock at a price of USD0.20 per share.
25 May 2012 - CIBC World Markets Inc and National Bank Financial Inc are heading the group of underwriters for the CAD50m (EUR48.6m/EUR38.8m) debentures
offering of Premium Brands Holdings Corp (TSE:PBH), the Canadian speciality food products maker and distributor said on Thursday.
("IOU") (TSXV: IOU) has announced that the holders of its 10% convertible unsecured subordinated debentures
due December 31, 2020 (the "Debentures
") have approved the previously announced amendments to the terms of the Debentures
by extraordinary resolution, the company said.
CALGARY, Alberta, Canada, April 15, 2019 -- Blood-derived stem cell therapy company Hemostemix Inc., (OTCQB: HMTXF) said that it intends to complete a non-brokered private placement of $6 million secured convertible debentures
The Corporation has also granted the Underwriters an over-allotment option, exercisable in whole or in part, at any time up to 30 days after the closing of the Offering to purchase up to an additional $3,750,000 aggregate principal amount of Debentures
However, the remaining amendments to the debenture
law pertaining to the issue of cumulative debentures
, exempting transactions with banks and other financial institutions and making advance payments of up to 5 days will start taking effects on 1 April as originally planned.
"I have told Roger Lewis that the rights of debenture
holders must be upheld.
In the case of around 9,000 50-year debentures
issued in 1969, 1976 and 1983, the contracts issued state: "This debenture
will entitle the registered holder to the right to one ticket on payment...
The two convertible debentures
are replaced by non-convertible debentures
As part of the financing, Cynapsus will pay a 13% capital discount to the debenture
holders resulting in net proceeds to the company of CAD135,000 and issue 540,000 common shares to the debenture
holders at CAD0.05 per share.
Applied Visual Sciences (OTCBB: APVS), a US-based holding company focused on information technology development, has announced a restructuring of debentures
Mizuho Bank said Wednesday it will end over-the-counter sales of one- and five-year ''wariko'' bank debentures
to individuals in March next year.
"...[H]ence the company has issued [7.4 million] common shares in full satisfaction of the [$2.2 million] debenture
principal," said Azure.
69-142 that the stock-for-stock requirement is not violated by a concomitant exchange by debenture