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THUNDER BAY, ONTARIO--(Marketwire - May 20, 2011) - Family Memorials Inc. (TSX VENTURE:FAM) (the "Corporation") announces that it has signed a letter of intent with Macquarie Private Wealth Inc. ("Macquarie") to sell, on a commercially reasonable efforts basis, a minimum of $2,845,000 and a maximum of $4,345,000 aggregate principal amount of 10% secured convertible debentures (the "Debentures") at a price (the "Issue Price") of $1,000 per Debenture (the "Offering"). |