SBK to Issue Shares to Settle Debt

(firmenpresse) - SHERBROOKE, QUEBEC -- (Marketwire) -- 09/20/11 -- Sherbrook SBK Sport Corp. ("SBK") (TSX VENTURE: SBK) announces its intention to issue a total of 583,333 common shares to a lender at a deemed price per share of $0.06 each, the whole in settlement of interest payable totalling $35,000.
These shares will be subject to resale restrictions for a period of four months.
The issuance of these shares remains subject to the approval of the TSX Venture Exchange.
About SBK
Founded in late 2008, SBK is a Quebec-based company offering a complete line of player and goaltender hockey sticks and protective equipment. SBK Hockey sells and gives excluding rights to an extensive list of distributors across Europe and North America, and has a network of Canadian and China based manufacturers.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Georges Guilbault
President and Chief Executive Officer
(819) 791-2066
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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 20.09.2011 - 16:09 Uhr
Sprache: Deutsch
News-ID 67820
Anzahl Zeichen: 0
contact information:
Town:
SHERBROOKE, QUEBEC
Kategorie:
Recreation
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"SBK to Issue Shares to Settle Debt"
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