Sheridan Brothers Trust Announces the Completion of Issuance in the Principal Amount $200,000 of Unsecured Notes
(firmenpresse) - TORONTO, ONTARIO -- (Marketwire) -- 01/09/12 -- Sheridan Brothers Trust (the "Trust") wishes to announce the completion of issuance in the principal amount $200,000 of convertible unsecured notes (the "Notes").
The Notes will bear interest of ten per cent payable semi annually with a term of five years. The Notes will also be convertible at the holder's option into units of the Trust at 0.15 per unit. Proceeds from the Notes will be applied to working capital.
Forward-Looking Statements
This press release may contain forward-looking statements, which are subject to risks and uncertainties and other factors that may cause the Trust's results to differ materially from expectations. When reviewing the Trust's forward-looking statements, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. These include risk relating to market fluctuations, investee performance, strength of the North American and European economy, foreign exchange fluctuations and other risks not yet known to the Trust. These forward-looking statements speak only as of the date hereof. Unless otherwise required by applicable securities laws, the Trust disclaims any intention or obligation to update these forward-looking statements. The Trust does have an ongoing obligation to disclose material information as it become available. The discussion also includes cautionary statements about these matters. You should read the cautionary statements made as being applicable to all forward-looking statements wherever they appear in this document.
WARNING: No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
Contacts:
Sheridan Brothers Trust
Michael Sheridan
416-619-2008
416-619-2011 (FAX)
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Unternehmensinformation / Kurzprofil:
Datum: 10.01.2012 - 01:40 Uhr
Sprache: Deutsch
News-ID 102379
Anzahl Zeichen: 0
contact information:
Town:
TORONTO, ONTARIO
Kategorie:
Personal Finance
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