ADY 0.00% 0.9¢ admiralty resources nl.

Loan Conversion 26 June 2008Today the Company announced the...

  1. 838 Posts.
    Loan Conversion 26 June 2008
    Today the Company announced the issue of over 24 million shares as a result of
    conversion of loan funds of US $4 million by Ya Global Investments LP.
    This brings the total amounts converted to US $13 million, leaving a balance owing on
    the loan of US $7 million.
    The conversions have been made at a price of AUD $0.175 per share. Ya Global
    Investments LP have the contractual right to convert at the lowest price at which the
    company issues shares whilst the loan is outstanding.
 
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