SANTA CLARA, Calif.--BUSINESS WIRE--Dec. 23, 1997--InnovaCom, Inc. (OTC BB:MPEG) announced today that it has completed a $5 million, 7% convertible debenture pursuant to Regulation D of the Securities Act of 1933. The debenture was issued to a single institutional investor. Included in the terms of the issue,...
Mar 15, 2002 The Asian Wall Street Journal ABIX via COMTEX -- Advanced Info Service is preparing a debenture issue for institutional investors. The Thai-based mobile telephone operator's shareholders agreed to as much as a Bht20bn debenture issue at a meeting on 8 March...
ROUYN-NORANDA, Quebec--BUSINESS WIRE--July 31, 1996--Radisson Mining Resources Inc. has just completed a $225,000 debenture financing through the "Fonds de solidarite des travailleurs du Qu bec" FTQ.The debenture is convertible into class A shares at $0.55 within five years and carries an annual interest of 14 percent payable twice per...
RICHMOND, B.C.--BUSINESS WIRE--Sept. 3, 1997--UniComm Signal Inc. (OTC/BB:UCSI) (VcSE:USI) has arranged a private placement of a $380,000 convertible debenture. The debenture carries an interest rate of 10 percent per annum and a term of three years. The debenture will be convertible into units at a price...
VANCOUVER, British Columbia--BUSINESS WIRE--Oct. 2, 1995-- Southwestern Gold Corp. (TSE:SAO) San Andreas Resources Corporation announces that it has exercised its right to convert the $750,000 convertible debenture due June 22, 1996, held by Nanisivik Mines Ltd., into 600,000 shares of the Company.Under the terms of the debenture, as amended by...
Bangkok Post, Thailand Knight Ridder/Tribune Business News Sep. 21--Bond dealers say they are confident that TelecomAsia's 21.75-billion-baht debenture issue next month will be fully subscribed by investors. The issue, the country's largest and longest-dated corporate debenture issue, is...
VANCOUVER, BC--BUSINESS WIRE--Oct. 2, 1995--SAN ANDREAS RESOURCES (TSE:SAO) San Andreas Resources Corporation announces that it has exercised its right to convert the $750,000 convertible debenture due June 22, 1996, held by Nanisivik Mines Ltd., into 600,000 shares of the Company.Under the terms of the debenture, as amended by agreement dated...
CALGARY, ALBERTA--BUSINESS WIRE--APRIL 3, 1995--ABACAN RESOURCE CORPOR (Alberta Stock Exchange: ABC ) Abacan announces that it intends to accept an additional subscription for $1,250,000 (U.S.) ($1,750,000 CDN) pursuant to the issuance by Abacan of an additional Debenture/Royalty. The repayment and conversion terms of the Debenture/Royalty are substantially the...
By Nuntawun Polkuamdee, Bangkok Post, Thailand Knight Ridder/Tribune Business News Aug. 12--Asset management firms are expected to launch a host of new retirement mutual funds in coming months, particularly fixed-income funds aimed at taking advantage of growing activity in the bond ...
DENVER--BUSINESS WIRE--Dec. 21, 1995--Packaging Research Corporation PRC (NASDAQ:PRCA) today announced it has completed a $3.2 million convertible debenture.The placement was with a fund managed by Renaissance Capital Group, Inc. of Dallas, Texas. Renaissance has acted as investment advisor for a number of successful funds since 1973.The seven-year debenture carries...
Bond investors are beating the market this year, but investors in bond mutual funds can't count on taking those profits to the bank. Bond funds have a quirk: They never mature. When a bond comes of age, you get your money back. Bond funds, on the other hand, are eternal...
NEWPORT BEACH, Calif.--BUSINESS WIRE--June 11, 1998--Newriders Inc. (Nasdaq: NWRD) Thursday announced that it has received a $1.0 million cash investment from Wayne L. Knyal, a director of the company. Knyal purchased a $1 million convertible debenture under terms and conditions similar to other offers the company...
SAN ANTONIO--BUSINESS WIRE--Sept. 18, 1996--The Exploration Company announced Wednesday that several debenture holders had converted a total of $433,484 of the company's long-term debt to equity.The debenture holders will receive 173,394 shares under the terms of the promissory notes. The outstanding debenture held by W.A. Oil & Gas Loan...
Business Editors, Health/Medical Writers ALAMEDA, Calif.--BUSINESS WIRE--Jan. 22, 2001 Calypte Biomedical Corporation (NASDAQ: CALY) announced today that it has signed an agreement to place up to $1.1 million in convertible short-term debentures. Calypte expects to issue the first debenture as soon as practicable and may issue the...
TORONTO, ONTARIO--BUSINESS WIRE--Feb. 3, 1995-- United Reef Limited (URP-TSE) said today that it has entered into a Heads of Agreement to issue, subject to regulatory approval, a convertible debenture to Trans Hex Group Limited ("Trans Hex") for up to C$4 million. The debenture is convertible at...
FAIRFIELD, Conn.--BUSINESS WIRE--April 7, 1998--Linkon Corporation (OTC:BB:LKON) today announced that it had retired a one million dollar senior secured convertible debenture held by IBJ Schroeder Capital Corporation. The debenture carried an interest rate of 14% and was convertible into 613,497 shares of common stock and had attached warrants to...
SPOKANE, Wash.--BUSINESS WIRE--Feb. 29, 1996--Golden Queen Mining Co. Ltd. today announced that its wholly owned subsidiary, Golden Queen Mining Company, Inc., intends to issue by way of private placement a debenture in the principal amount of US$1,000,000.The debenture will have a two year term, bear interest at the rate of...
CALGARY, Alberta--BUSINESS WIRE--Dec. 19, 1997--Thermal Control Technologies Corp. (ASE:TCT)(OTC BB:TCTCF) is pleased to announce it has completed the closing of its previously announced prospectus offering of 8 percent redeemable unsecured convertible debentures ("Debentures") at a price of $1,000 per Debenture raising net proceeds of $7,000,000 on the sale of 7,000...
Business Editors NEW YORK--BUSINESS WIRE--July 18, 2002 Ameritrans Capital Corporation (NASDAQ:AMTC) today announced that its wholly-owned subsidiary, Elk Associates Funding Corporation, a licensed small business investment company, sold $2,050,000 principal amount of debentures to the United States Small Business Administration. The new 10-year debenture sold to the SBA...
By Nuntawun Polkuamdee, Bangkok Post, Thailand Knight Ridder/Tribune Business News Sep. 25--The Stock Exchange of Thailand expects to open bond trading services by the end of the month. Kesara Manchusree, vice-president of the SET's Financial Instruments Market Project, said...
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