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Metanor Resources $10-million debenture amended
2015-06-02 17:35 ET - Miscellaneous
The TSX Venture Exchange has accepted for filing the documentation with respect to amendments of the following convertible debenture.
Convertible debenture: $10-million
Conversion price: Principal is convertible into common shares at a conversion price of 28 cents per share
Original maturity date: Aug. 22, 2015
Amended maturity date: Aug. 22, 2017
Interest rate: 10 per cent per year
The convertible debenture was issued pursuant to a private placement which was originally accepted for filing by the TSX Venture Exchange effective Sept. 18, 2012.
The company has issued a news release dated March 27, 2015, announcing the amendment of the convertible debenture.
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