Announcment just made this morning
"Dragon Mining Limited (Dragon Mining) is pleased to announce that following the redemption of all outstanding Convertible Notes (Notes) and the early repayment of a debt facility to Nordea Bank in Finland, the Company is debt free and unhedged.
Of the total 23,645,289 Notes issued in February 2006, Dragon Mining repurchased 18,322,810 Notes on market, redeemed
5,249,479 Notes on 30 September 2010 (5 months early) with 73,000 Notes converted into 438,000 shares.
Following the redemption, Dragon Mining has approximately $24.0 million in cash, bullion and gold concentrate receivables"
announcment debt free
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