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Canasia Industries Corporation V.CAJ



TSXV:CAJ - Post by User

Post by rob_oon Jan 31, 2012 10:14pm
891 Views
Post# 19472237

Canasia Industries 800,000 bonus shares

Canasia Industries 800,000 bonus shares

I wonder what this is for... (courtesy of stockwatch)

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2012-01-26 20:59 ET - Shares for Debt

 

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.

Here is a sample of this item:

The TSX Venture Exchange has accepted for filing Canasia Industries Corp.'s proposal to issue up to 800,000 bonus shares at a deemed value of five cents per share in consideration of a loan facility from four lenders in the amount of up to $200,000. The loan facility bears interest at a rate of 6 per cent per year.

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