BNET Business Dictionary
Business Definition for: Debenture
- the written acknowledgment of a debt by a company, usually given under its seal, and normally containing provisions as to payment of interest and principal. A debenture may be secured on some or all of the assets of the company or its subsidiaries.
Wiktionary Definition for: Debenture
- A certificate that acknowledges a debt
- An unsecured certificate of debt backed only by the credit of the borrower.
Additional Resources
- Bennett Environmental Convertible Debenture Closes
- VANCOUVER, BRITISH COLUMBIA--BUSINESS WIRE--Sept. 23, 1997-- Bennett Environmenta ME BEV Bennett Environmental Inc., BEI, would like to announce the closing of a convertible debenture in the amount of $600,000. The debenture pays interest quarterly, at a rate of 10 percent per annum. The debenture matures and...
- Research articles 1997-09-23
- INVESCO ENGLISH & INTERNATIONAL TRUST PLC - Redemption of Debenture Stock.
- INVESCO English and International Trust plc 28 March 2007 Result of Stockholders' meeting and redemption of outstanding Debenture Stock At a meeting of holders of the Company's 6.75 per cent. Debenture Stock 2023 (the "Stock") held e INVESCO English...
- Research articles 2007-03-28
- Paramount Resources Ltd.: Convertible Secured, Debenture Issued To Paramount Resources Ltd. By Spearhead Resources Inc.
- CALGARY, ALBERTA, DECEMBER 21, 2001 Paramount Resources Ltd. ("Paramount") is pleased to announce that Spearhead Resources Inc. ("Spearhead") has issued to Paramount a Convertible, Secured Debenture in the amount of $5,000,000.00 (the "Debenture"). The Debenture has a coupon rate of 8% and a...
- Research articles 2001-12-21
- Bennett Environmental: Closing of $850,000 Convertible Debenture
- VANCOUVER, British Columbia--BUSINESS WIRE--Aug. 15, 1997-- BENNETT ENVIRONMENTAL INC. (ME BEV.) Bennett Environmental Inc., BEI, would like to announce the closing of a convertible debenture in the amount of $850,000. The debenture pays interest quarterly, at a rate of 10 percent per annum. The debenture matures and is...
- Research articles 1997-08-15
- Roman Corporation Increases Holdings In SmartSales Through Debenture Conversion
- Business Editors TORONTO--BUSINESS WIRE--Jan. 16, 2001 Roman Corporation Limited (TSE:RMN) announced that it has acquired an additional 3,209,140 common shares of SmartSales Inc. (CDNX:SA) through the early conversion of a secured convertible debenture. The Debenture was issued by SmartSales on January 15, 2000 and matures July 15,...
- Research articles 2001-01-16
- San Andreas Resources - Conversion of Debenture
- 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...
- Research articles 1995-10-02
- San Andreas Resources - Conversion of Debenture
- 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...
- Research articles 1995-10-02
- Radisson Obtains $225,000 Debenture Financing From FSTQ
- 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...
- Research articles 1996-07-31
- Series "G" Redeemable 10 Percent Convertible Debenture
- 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...
- Research articles 1997-09-03
- Dios Exploration Inc.: Conversion of the Fonds de Solidarite des Travailleurs du Quebec's Convertible Debenture
- DIOS EXPLORATION INC. ("Dios") (TSX VENTURE: DOS) announces that the Fonds de solidarite des travailleurs du Quebec (the "Fonds") has exercised its right of conversion pursuant to a 200,000 $ convertible debenture issued in favour of the Fonds on April 18, 2006 (the "Debenture"). In compliance with the Debenture,...
- Research articles 2007-07-30
- Dios Exploration Inc.: Conversion of the Fonds de Solidarite des Travailleurs du Quebec's Convertible Debenture.
- MONTREAL, QUEBEC, Jul 29, 2007 CCNMatthews via COMTEX -- DIOS EXPLORATION INC. ("Dios") (TSX VENTURE:DOS) announces that the Fonds de solidarite des travailleurs du Quebec (the "Fonds") has exercised its right of conversion pursuant to a 200,000 $ convertible debenture issued in favour of the Fonds...
- Research articles 2007-07-29
- Working Opportunity Fund (EVCC) Ltd.: Purchase of Avcorp Industries Inc. $1,350,000 8.75% Convertible Debenture.
- VANCOUVER, BRITISH COLUMBIA, Aug 18, 2004 CCNMatthews via COMTEX The Working Opportunity Fund EVCC Ltd. ("WOF"), managed by GrowthWorks Capital Ltd., announced today that it has acquired an 8.75% convertible debenture in the principal amount of $1,350,000 as part of an up to $7,000,000...
- Research articles 2004-08-18
- Pinetree Capital Ltd. Acquires a $300,000 Convertible Debenture of ADB Systems International Ltd.
- TORONTO, ONTARIO, Feb 9, 2006 CCNMatthews via COMTEX -- Pinetree Capital Ltd. (TSX:PNP), a Canadian investment company, announces that on February 9, 2006 it acquired ownership pursuant to a private placement of a $300,000 Convertible Debenture (the "ADB Debenture") of ADB Systems International Ltd. ("ADB"), which...
- Research articles 2006-02-09
- Pinetree Capital Ltd. Acquires a $300,000 Convertible Debenture of ADB Systems International Ltd
- TORONTO -- Pinetree Capital Ltd. (TSX:PNP), a Canadian investment company, announces that on February 9, 2006 it acquired ownership pursuant to a private placement of a $300,000 Convertible Debenture (the "ADB Debenture") of ADB Systems International Ltd. ("ADB"), which debenture is convertible into 2,000,000 common shares of ADB ...
- Research articles 2006-02-09
- Breakwater Exercises Its 20% Property Conversion Option on Caribou and Restigouche Properties Pursuant to the Terms of the Convertible Debenture Issued by Blue Note Mining Inc.
- Breakwater Resources Ltd. (TSX: BWR) Effective today, Breakwater exercised its right pursuant to the terms of the Unsecured Subordinated Convertible Debenture issued by Blue Note Mining Inc. (formerly, Blue Note Metals Inc.) ("Blue Note") dated August 1, 2006 (the "Debenture") to convert the Debenture in exchange for a twenty percent...
- Research articles 2008-08-29
- Clublink Announces Sale Of $4.2 Million Golfnorth Debenture
- Business Editors KING CITY, Ontario--BUSINESS WIRE--Jan. 18, 2001 ClubLink Corporation ("ClubLink")(TSE:LNK.TO) announced today that it has received $4,229,000 in consideration of the sale of the GolfNorth Properties Inc. Debenture it acquired in March, 2000 and that, in connection with the sale of the Debenture, ClubLink and GolfNorth have...
- Research articles 2001-01-18
- Roman Corporation Increases Holdings In SmartSales Through Debenture Conversion.
- TORONTO, ONTARIO--(CCN Disclosure, January 16, 2001) Roman Corporation Limited (TSE:RMN) announced that it has acquired an additional 3,209,140 common shares of SmartSales Inc. (CDNX:SA) through the early conversion of a secured convertible debenture. Th on January 15, 2000 and matures July 15, 2001. The...
- Research articles 2001-01-16
- Vedron Gold Inc.: Debenture Converted into Shares.
- TORONTO, ONTARIO, Dec 19, 2003 CCNMatthews via COMTEX Vedron Gold Inc., YVG-TSXV, announces that the holder of a convertible debenture in the amount of $300,000 which has been outstanding since May 21, 1999 has elected to convert the debenture into common shares. The Company...
- Research articles 2003-12-19
- The Singing Machine Company Announces Restructuring of $4 Million Subordinated Debenture; Entire Debenture Plus Interest Retired For $2 Million in Cash
- COCONUT CREEK, Fla. -- The Singing Machine Company (AMEX:SMD) announced today that it has retired the entire $4 million subordinated debenture which came due on February 20, 2006, plus accrued interest of $270,000, for a total cash payment of $2 million. The Company expects to report a one-time gain of...
- Research articles 2006-03-14
- Subscription by the Solidarity Fund QFL to an Unsecured Debenture of Groupe Bikini Village Inc. for an Amount of $2,000,000
- Groupe Bikini Village inc. (TSX: GBV) (the "Corporation") announces today the subscription by the Solidarity Fund QFL (the "Fund") to an unsecured convertible debenture in the nominal amount of $2,000,000. This subscription is in addition to the $2,500,000 subscribed by the Fund on May 25, 2007 to an unsecured convertible...
- Research articles 2008-10-22
