ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MCR Macro Enterprises Inc

4.00
0.00 (0.00%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Macro Enterprises Inc TSXV:MCR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 4.00 3.98 4.00 0 01:00:00

Macro Enterprises Inc. Announces Issuance of Common Shares upon Conversion of Loan

25/06/2013 12:32am

Marketwired Canada


Further to the news releases issued by Macro Enterprises Inc. (TSX VENTURE:MCR)
(the "Company" or "Macro") dated June 3, 2013 and June 18, 2013, Macro announces
that pursuant to the terms of a Convertible Loan Agreement dated July 7, 2006,
as amended, (the "Convertible Loan Agreement"), it has issued an aggregate of
3,792,698 Common shares in satisfaction of $5,689,051, being the aggregate
principal amount of the loan at a conversion price of $1.50 per Common share.
Certain of the lenders to whom Common shares were issued upon such conversion,
namely Frank Miles, Mark Dodge and Hugh Sewell, are insiders of Macro. A copy of
the Convertible Loan Agreement, as amended, is available on SEDAR at
www.sedar.com.


Macro's core business is providing pipeline and facilities construction and
maintenance services to major companies in the oil and gas industry in
northeastern British Columbia and northwestern Alberta. The Company's corporate
office is in Calgary, Alberta. Its shares are listed on the TSX Venture Exchange
under the symbol MCR. Information on the Company's principal operating unit,
Macro Industries Inc., can be found at www.macroindustries.ca.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Macro Enterprises Inc.
Frank Miles
President and C.E.O.
(250) 785-0033


Macro Enterprises Inc.
T. Jerrold Jackson
C.F.O.
(403) 705-7302

1 Year Macro Enterprises Chart

1 Year Macro Enterprises Chart

1 Month Macro Enterprises Chart

1 Month Macro Enterprises Chart

Your Recent History

Delayed Upgrade Clock