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| Home : Cobalt Coal Ltd. Announces the Private Placement of Convertible Debentures |
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Mar 21
2012 |
Cobalt Coal Ltd. Announces the Private Placement of Convertible Debentures |
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CALGARY, ALBERTA--(Marketwire - March 21, 2012) - Cobalt Coal Ltd. (TSX VENTURE:CCF) ("Cobalt" or the "Corporation") is pleased to announce that it intends to complete a non-brokered private placement of up to $1,000,000 of convertible redeemable debentures (the "Debentures"), which will mature 24 months from the date of issuance (the "Maturity Date") and will bear interest at a rate of 12% per annum payable on the Maturity Date (the "Debenture Offering"). |
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| Source:http://www.marketwire.com/mw/release.do?id=1634694&sourceType=3 |
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