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Notice of completion of redemption of debentures of Canadian Royalty Funding Corp
Hamilton, Bermuda – 13 May 2020 – In a filing with the Bermuda Stock Exchange (“BSX”), Canadian Royalty Funding Corp (the “Company” or “CRFC”; Ticker: CFRSR.BH) announced the completion of a repurchase of debentures of Canadian Royalty Funding Corp. The full filing stated:
Canadian Royalty Funding Corp. completed the repurchase of convertible unsecured senior redeemable debentures of CRFC (“Debentures”) with a par value of CAD$258,000 on Friday May 6, 2020. Such repurchase is permitted under Section 4.9 of the debenture indenture entered into by CRFC and AST Trust Company Canada (“AST”) as trustee, as of April 21,2015.
Registered holder has received cash and the debentures have been cancelled.
Prior to this transaction, CRFC had issued outstanding Debentures with a par value of CAD$3,113,000. After this repurchase was completed, the total amount of issued and outstanding Debentures was CAD$2,855,000.
Further information about the Company and this release please contact:
Canadian Royalty Funding Corporation
150 King Street West, Suite 1702
Toronto, ON M5H 1J9
Tel: 416 862 7755.