Dios Exploration Inc.: Conversion of the Fonds de Solidarite des Travailleurs du Quebec's Convertible Debenture
Market Wire, July, 2007
DIOS EXPLORATION INC. ("Dios") (TSX VENTURE: DOS) announces that the Fonds de solidarite des travailleurs du Quebec (the "Fonds") has exercised its right of conversion pursuant to a 200,000 $ convertible debenture issued in favour of the Fonds on April 18, 2006 (the "Debenture").
In compliance with the Debenture, the FTQ will receive a total of 571,428 common shares of Dios at $0.35 per share in reimbursement of the capital ($200,000) and a total of 63,277 common shares, of which 49,383 shares are issued at $0.243 per share and 13,894 shares at $0.44 per share, in reimbursement of the accrued interest ($18,115.06).
The issuance of the shares in reimbursement of the accrued interest is subject to TSX Venture Exchange approval. Moreover, the aforementioned shares will be subject to a four (4) month hold period from their date of issuance.
The TSX venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.
Contacts: Dios Exploration Inc. Marie Jose Girard President (514) 483-5149 Email: mjgirard@diosexplo.com Website: www.diosexplo.com
- 5 Rules for Immediate Annuities
- Death in the Family: 12 Things to Do Now
- Dumbest Things You Do With Your Money
- 6 Online Networking Mistakes to Avoid
- 401(k) Mistakes to Avoid
- 5 Economic Scenarios to Keep You Up at Night
- The Real ‘Best Places to Retire’
- Best Credit Cards for You
- 12 Tough Questions to Ask Your Parents
- The Real ‘Best Colleges’
- Home Buyer Tax Credit: How to Cash In
- Why You Shouldn’t Bash Cash
- 8 Phony 'Bargains' and Better Alternatives
- Danger: 3 Debit Card Scams to Avoid
- 6 Myths About Gas Mileage
- 29 Fees We Hate Most
- Quick and Easy Ways to Boost Returns
- Best Stocks to Buy Now
- Lower Your Taxes: 10 Moves to Make Now
- New Jobs: 8 Lessons from Real-Life Career Switchers
- The New Job Market: Who Wins and Who Loses?
- Health Care Reform's Public Option: Everything You Need to Know
- Volunteer Work When Unemployed: Should You Work for Free?
- Whose Recovery Is This?
- Long-Term-Care Insurance: 4 Biggest Risks to Avoid
Content provided in partnership with
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
Presented by American Express