| Home : February 2012 : February 11, 2012 News : Cobalt Coal Ltd. Announces the TSX-V Private Placement of Convertible Debentures |
Cobalt Coal Ltd. Announces the TSX-V Private Placement of Convertible Debentures |
February 11, 2012
CALGARY, ALBERTA--(Marketwire - Feb. 10, 2012) - Cobalt Coal Ltd. (formerly Cobalt Coal Corp.) (TSX VENTURE:CCF) ("Cobalt" or the "Corporation") is pleased to announce that it intends to complete a private placement of up to $1,000,000 of convertible redeemable debentures (the "Debentures"), which will mature 24 months from the date of issuance (the "Maturity Date") and will bear interest at a rate of 12% per annum payable on the Maturity Date (the "Debenture Offering").
http://www.marketwire.com/mw/release.do?id=1618543&sourceType=3
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