Sherbrook SBK Sport Corp. Announces Shares for Debt Issuance

Sherbrook SBK Sport Corp. Announces Shares for Debt Issuance

ID: 96975

(firmenpresse) - SHERBROOKE, QUEBEC -- (Marketwire) -- 12/14/11 -- Sherbrook SBK Sport Corp. ("SBK") (TSX VENTURE: SBK) announces his intention to issue a total of 34,953,700 common shares to certain of their creditors at a deemed price per share of $0.05 each, the whole in settlement of debt totalling $1,747,685.

The shares issued under this transaction are subject to a restricted period on resale for four months and one day.

The transaction is subject to the approval of TSX Venture Exchange Inc. and of regulatory authorities.

About Sherbrook SBK Sport Corp.

Sherbrook SBK Sport Corp. is a Canadian publicly traded company specializing in the design, manufacturing and distribution of sporting goods and apparels. The company's current main focus is on the design, manufacturing and distribution of Hockey equipment including a variety of sticks, skates and protective gear for both players and goalie.

Neither the 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 accuracy of this release.



Contacts:
Georges Guilbault
President and Chief Executive Officer
(819) 791-2066 ext. 127



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Bereitgestellt von Benutzer: MARKETWIRE
Datum: 14.12.2011 - 14:00 Uhr
Sprache: Deutsch
News-ID 96975
Anzahl Zeichen: 0

contact information:
Town:

SHERBROOKE, QUEBEC



Kategorie:

Equipment and Accessories



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"Sherbrook SBK Sport Corp. Announces Shares for Debt Issuance"
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