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Home : La Ronge Announces Debenture Financing |
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Nov 12 2014 |
La Ronge Announces Debenture Financing |
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 11, 2014) - La Ronge Gold Corp. ("La Ronge" or the "Company") (TSX VENTURE:LAR) is pleased to announce that it will conduct a non-brokered private placement of convertible debentures (the "Debentures") in the principal amount of $600,000. The principal amount of the Debentures will bear interest at 15% per annum, compounded quarterly not in advance with the principal amount of the Debentures payable on the date (the "Maturity Date") that is 18 months after the date of issue of the Debentures. Interest will accrue and be payable in full on the Maturity Date. |
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Source:http://www.marketwired.com/mw/release.do?id=1966883&sourceType=3 |
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