Continuum Closes First Tranche of Convertible Debenture Financing
Continuum Resources Ltd (TSXV:CNU) is pleased to announce that it has closed the first tranche of its private placement of secured convertible debentures (the “Debentures”), as previously announced May 29, 2008, in the amount of $265,000. The Debentures have a two-year term and bear interest at 6% per annum, compounded monthly. The Debentures are convertible [...]