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Saint Jean Carbon Receives Conversion Notice for Convertible Debenture
Saint Jean Carbon Inc. (TSXV:SJL) announced the receipt of a conversion notice with respect to convertible debenture issued on August 30, 2013. $93,750 was converted into 1,250,000 common shares at $0.075 per share as per the terms of the Convertible Debenture.
As quoted in the press release:
The entire outstanding principal amount of the Convertible Debenture in the amount of $93,750 has been converted into 1,250,000 common shares at $0.075 per share in accordance with the terms of the Convertible Debenture. In addition to the issuance of shares, the Company confirms it has paid the related accrued interest.
Click here to read the Saint Jean Carbon Inc. (TSXV:SJL) press release
Click here to see the Saint Jean Carbon Inc. (TSXV:SJL) profile.
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