Forbes Coal closes remainder of US$25 million loan Facility and restructures … – Canada NewsWire (press release)

Forbes Coal closes remainder of US$25 million loan Facility and restructures
Canada NewsWire (press release)
As partial consideration for the restructuring, the Company issued warrants to purchase 34,817,237 Common Shares to Investec (the “Warrants“), each of which are exercisable at a price of C$0.1446 per Common Share until July 3, 2019. Any proceeds …

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