Sonde Resources Corp. Announces Redemption of Convertible Preferred Shares
(firmenpresse) - CALGARY, ALBERTA -- (Marketwire) -- 01/03/12 -- Sonde Resources Corp. ("Sonde" or the "Company") (TSX: SOQ) (NYSE Amex: SOQ) announced today that it has redeemed all 150,000 of its previously outstanding US $100.00 5% Cumulative Redeemable Convertible Preferred Shares, Series B (the "Preferred Shares"). The Preferred Shares were redeemed at a price equal to US $100.00 for each Preferred Share, plus an amount equal to all accrued and unpaid dividends per Preferred Share to December 30, 2011, being US $1.25 per Preferred Share. Sonde used existing cash balances to fund the redemption of the Preferred Shares, which totaled US $15,186,987.
Sonde Resources Corp. is a Calgary, Alberta, Canada based energy company engaged in the exploration and production of oil and natural gas. Its operations are located in Western Canada and offshore North Africa. See Sonde's website at to review further detail on Sonde's operations.
Contacts:
Sonde Resources Corp.
Investor Relations
(403) 294-1411
(403) 216-2374 (FAX)
Sonde Resources Corp.
Suite 3200, 500 - 4th Avenue S.W.
Calgary, Alberta, Canada T2P 2V6
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Datum: 03.01.2012 - 15:35 Uhr
Sprache: Deutsch
News-ID 100644
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Town:
CALGARY, ALBERTA
Kategorie:
Oil & Gas
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