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| Home : Ceiba Energy Services Announces Extension of Closing of Private Placement of Convertible Debentures |
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Jul 21
2016 |
Ceiba Energy Services Announces Extension of Closing of Private Placement of Convertible Debentures |
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CALGARY, ALBERTA--(Marketwired - July 20, 2016) - Ceiba Energy Services Inc. ("Ceiba" or the "Company") (TSX VENTURE:CEB) announced on June 6, 2016 its intention to complete a non-brokered private placement (the "Private Placement") of unsecured convertible debentures (the "Debentures") for gross proceeds of up to $5,000,000. The Company has today received an extension from the TSX Venture Exchange to extend the closing of the Private Placement until August 22, 2016. Ceiba is currently collecting subscription agreements from a number of parties and expects to close the Private Placement on or before August 22, 2016. As well, certain holders of the Company's existing 12% convertible debentures due July 31, 2016 have expressed an interest to reinvest a portion of the principal that will be repaid on July 31, 2016 into the Debentures. |
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| Source:http://www.marketwired.com/mw/release.do?id=2144161&sourceType=3 |
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