Sterling Resources Ltd (SGURF) 0.4819 $SGURF Ea
Post# of 273254
Posted On: 09/20/2016 5:03:49 PM
Sterling Resources Ltd (SGURF) 0.4819 $SGURF
Early Warning Press Release by Meridian Capital International Fund in Connection with the Recapitalization of Sterling Resources Ltd.
CNW Group - Tue May 31, 8:15AM CDT
Meridian Capital International Fund ("Meridian"
reported today that, on May 30, 2016, in connection with the previously announced recapitalization of Sterling Resources Ltd. ("Sterling", it acquired 5,107,327,724 Sterling common shares (the "Acquired Shares" at a price of $0.015398 per common share, and having an aggregate acquisition price of $78,642,632. The Acquired Shares were acquired by Meridian, in exchange for the release and cancellation of Sterling's obligation to repay US$62,286,260 of the principal amount, together with any accrued and unpaid redemption premium, amendment fees and interest, owing on the 9% Senior Secured Bonds of Sterling Resources (UK) Limited (the "Bonds" held by Meridian, based on a currency exchange rate of $1.12626 to US$1.00 established under the terms of Sterling's recapitalization.
IIROC Trade Resumption - Sterling Resources Ltd.
Newsfile Corp - Thu Oct 22, 8:41AM CDT
Trading resumes in:
IIROC Trade Halt - Sterling Resources Ltd.
Newsfile Corp - Thu Oct 22, 8:08AM CDT
The following issues have been halted by IIROC:
Early Warning Press Release by Meridian Capital International Fund in Connection with the Recapitalization of Sterling Resources Ltd.
CNW Group - Tue May 31, 8:15AM CDT
Meridian Capital International Fund ("Meridian"
reported today that, on May 30, 2016, in connection with the previously announced recapitalization of Sterling Resources Ltd. ("Sterling", it acquired 5,107,327,724 Sterling common shares (the "Acquired Shares" at a price of $0.015398 per common share, and having an aggregate acquisition price of $78,642,632. The Acquired Shares were acquired by Meridian, in exchange for the release and cancellation of Sterling's obligation to repay US$62,286,260 of the principal amount, together with any accrued and unpaid redemption premium, amendment fees and interest, owing on the 9% Senior Secured Bonds of Sterling Resources (UK) Limited (the "Bonds" held by Meridian, based on a currency exchange rate of $1.12626 to US$1.00 established under the terms of Sterling's recapitalization. IIROC Trade Resumption - Sterling Resources Ltd.
Newsfile Corp - Thu Oct 22, 8:41AM CDT
Trading resumes in:
IIROC Trade Halt - Sterling Resources Ltd.
Newsfile Corp - Thu Oct 22, 8:08AM CDT
The following issues have been halted by IIROC:
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