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LAKE SHORE GOLD CORP 6.25 PCT DEBS T.LSG.DB

Metals & Mining Gold


TSX:LSG.DB - Post by User

LAKE SHORE GOLD CORP 6.25 PCT DEBS > $90 million debt - Silver lining
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Comment by basemetalon Aug 21, 2012 6:30pm
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Post# 20243945

RE: $90 million debt - Silver lining

RE: $90 million debt - Silver lining

"The bonds are not convertible until 9/30/15"

Could you please quote the sentence that contains that.  I thought Convertible Debentures are convertible as soon as they are issued.  It is their redemption that is permitted only after 9/30/15, (and only subject to conditions specified).

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