Cyprium Mining Debentures to Be Delisted

http://www.newsfilecorp.com/release/25410/Cyprium-Mining-Debentures-to-Be-Delisted#.WLjPDjs1_IU

Montreal, Quebec–(Newsfile Corp. – March 1, 2017) – Further to its September 22, 2016 news release, Cyprium Mining Corporation (TSXV: CUG) (“Cyprium” or the “Company“) is pleased to announce that it has applied with the TSX Venture Exchange (the “Exchange“) to delist $750,000 in principal amount of unsecured debentures bearing interest at 12% per annum (the “Debentures“).

The Company also has applied with the Exchange for approval to pay approximately $145,427.79 of interest owed on the Debenture by way of issuance of 2,908,556 common shares of the Company. This represent approximately 3,878 common shares per $1,000 of principal amount of Debentures held.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s