SBK to Issue Shares to Settle Debt
21 September 2011 - 2:09AM
Marketwired
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 gguilbault@sbkhockey.com
www.sbkhockey.com
Sherbrook Sbk Sport Corp (TSXV:SBK)
Historical Stock Chart
From Jun 2024 to Jul 2024
Sherbrook Sbk Sport Corp (TSXV:SBK)
Historical Stock Chart
From Jul 2023 to Jul 2024
Real-Time news about Sherbrook Sbk Sport Corp (TSX Venture Exchange): 0 recent articles
More Sherbrook SBK Sport Corp. News Articles