| Home : Olympus Closes the Remaining Private Placement Financing of US$14.6 Million of Four-Year 8% Unsecured Convertible Notes and Warrants |
|
May 08
2011 |
Olympus Closes the Remaining Private Placement Financing of US$14.6 Million of Four-Year 8% Unsecured Convertible Notes and Warrants |
|
TORONTO, ONTARIO--(Marketwire - May 7, 2011) - Olympus Pacific Minerals Inc. ("Olympus" or the "Company") (TSX:OYM)(ASX:OYM)(OTCBB:OLYMF)(FRANKFURT:OP6) announces that it has closed the remaining private placement financing of US$14.6 million of a four-year 8% unsecured and redeemable notes convertible at US$0.51 per common share (the "Notes") and including warrants exercisable to acquire common shares at CAD$0.55 based on a one share and half warrant equivalent structure (see details below). The conversion of the Notes (and the exercise of the warrants) into shares is subject to shareholder approval |
|
|
|
| Source:http://www.marketwire.com/mw/release.do?id=1511392&sourceType=3 |
| |
|
Related News
|
» Objet to Showcase Exceptionally Detailed and Accurate Dental Models at LMT LAB DAY West
» Bin Laden Videos: Man 'Obsessed With His Image'
|
