Family Memorials Inc. Announces Written Consent of Debentureholders
Thunder Bay, Ontario (FSCwire) - Family Memorials Inc. (the
“Company”) (TSX-V: FAM) announces that it has now received, as of the close of business on October 31, 2017, the
written consent of debentureholders holding debentures in the principal amount of $4,596,000, representing 87.68% of the
principal amount of the issued debentures totaling $5,242,000, consenting to the proposed redemption of convertible secured
debentures of the Company in the principal amount of $4,397,000 by payment of $3,398,000 in full satisfaction of all liability to
those debentureholders holding the debentures in the principal amount of $4,397,000. The settlement is subject to completion of
taking the Company private as outlined in the September 19, 2017 press release of the Company.
For information, please contact:
Scott C. Kellaway
Family Memorials Inc.
(807) 577-6463
familymemorials@tbaytel.net
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (as that term is defined in the
policies of the TSX Venture Exchange) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/FamilyMem11012017.pdf
Source: Family Memorials Inc. (TSX Venture:FAM)
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