Arcan Resources Ltd ARNBF

Debenture redemption

[seriousinvest]

One other point.  In the last month an independent director Robert Dales just bought $30k(face amount) of the Debentures at market prices.  I seriously doubt that a member of the audit committee would be taking that action if there was a serious threat that the Debentures would be redeem at less than par and in violation of the Indenture pursuant to which they were issued.