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Texada Software Inc. Announces Conversion and Payout of Debentures |
December 02, 2011
GUELPH, ONTARIO--(Marketwire - Dec. 2, 2011) - Texada Software Inc. (TSX VENTURE:TXS) (the "Company") is pleased to announce that holders of an aggregate of $713,500 principal amount of its previously issued convertible debentures (the "Debentures") have elected to convert the amounts outstanding under the Debentures into common shares of the Company. The Company issued the Debentures in the aggregate principal amount of $1,095,500 on December 2, 2008 in connection with a private placement of the Debentures. Please see the Company's press release of December 2, 2008 for further information. The amounts owing under the remaining $382,000 principal amount of Debentures were paid out in cash to the holders.
Link: http://www.marketwire.com/mw/release.do?id=1594296&sourceType=3
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