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GXE Gear Energy Ltd

0.72
0.01 (1.41%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Gear Energy Ltd TSX:GXE Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.01 1.41% 0.72 0.71 0.73 0.73 0.70 0.72 536,963 21:10:04

Gear Energy Ltd. Announces Majority Redemption of Debentures

24/03/2021 12:41am

PR Newswire (Canada)


Gear Energy (TSX:GXE)
Historical Stock Chart


From May 2019 to May 2024

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CALGARY, AB, March 23, 2021 /CNW/ - Gear Energy Ltd. (TSX: GXE) is pleased to announce that it has received notice that the holder of $9.3 million of its outstanding 7.0% Convertible Unsecured Subordinated Debentures (the "Debentures") has elected to convert the Debentures at the conversion price of $0.32 per common share resulting in the issuance of 29.2 million common shares effective immediately. $3.4 million in Debentures remains outstanding.

SOURCE Gear Energy Ltd.

Copyright 2021 Canada NewsWire

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