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Bullboard - Stock Discussion Forum Claude Res Inc CLGRF

"Claude Resources Inc is engaged in the acquisition, exploration, and development of gold and other precious metal properties. Its projects include Seabee Property and various exploration properties located at Laonil Lake. It also owns Amisk Gold Property."

GREY:CLGRF - Post Discussion

Claude Res Inc > March 2013
View:
Post by miketrike on Dec 15, 2012 1:49am

March 2013

But with a note coming due in March 2013

What note is due March 2013. Debentures mature May 23, 2013, is that what you are talking about?

 
Comment by December3 on Dec 17, 2012 9:34am
Yep, you are right - My Bad! . 3Q2012 FS (c) Debenture The debenture bears a 12 percent annual interest rate, is due May 23, 2013 and requires monthly interest only payments. Upon entering into the debenture indenture agreement, debenture holders received warrants in the amount of 10 percent of the debenture purchase (Note 11). Each warrant entitles the holder to acquire one common share of the ...more  
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