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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 > Basemetal - answer
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Comment by basemetalon Nov 30, 2012 5:43pm
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Post# 20669123

RE: Basemetal - answer

RE: Basemetal - answer

"....for the company to exercise their conversion option....."

It is the convertible holder that has a conversion option,  not "the company". The company has the right to REDEEM subject to the limitations you listed.

But thanks for your reply which I will study more carefully.  Am I right in thinking you have agreed that the convertiblle debt might be considered a part of equity ?

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