| Home : August 2012 : August 17, 2012 News : Lake Shore Gold Corp. Announces C$75 Million Convertible Senior Unsecured Debentures Bought Deal |
Lake Shore Gold Corp. Announces C$75 Million Convertible Senior Unsecured Debentures Bought Deal |
August 17, 2012
TORONTO, ONTARIO--(Marketwire - Aug. 16, 2012) - Lake Shore Gold Corp. ("Lake Shore" or the "Company") (TSX:LSG)(NYSE MKT:LSG)(NYSE Amex:LSG) announced today a public offering, on a "bought deal" basis, of C$75 million principal amount of convertible senior unsecured debentures, at a price of C$1,000 per debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last day of March and September commencing on March 31, 2013 (the "Debentures"). The Debentures will mature on September 30, 2017.
http://www.marketwire.com/mw/release.do?id=1691881&sourceType=3
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