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Home : Tree Island Steel Ltd. Redemption of 10% Second Lien Convertible Debentures
Feb 13
2014

Tree Island Steel Ltd. Redemption of 10% Second Lien Convertible Debentures

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 13, 2014) - Tree Island Steel Ltd. (the "Company" or "Tree Island Steel") (TSX:TSL)(TSX:TSL.DB) announces that as of February 12, 2014, an additional $1.8 million of its 10% Second Lien Convertible Debentures the ("Debentures") scheduled to be redeemed on March 4, 2014 (the "Redemption Date") have been converted into common shares of the Company. The aggregate principal amount of Debentures currently outstanding is $4,084,700.
Source:http://www.marketwired.com/mw/release.do?id=1878736&sourceType=3
 
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