Business News • MarketWire • Michael G. Sheridan Acquires Securities of Sheridan Brothers Trust |
Michael G. Sheridan Acquires Securities of Sheridan Brothers Trust |
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Michael G. Sheridan Acquires Securities of Sheridan Brothers Trust
TORONTO, ONTARIO--(Marketwire - Jan. 4, 2012) - Mr. Michael G. Sheridan ("Sheridan"), 73 Richmond Street West, Suite 107, Toronto, Ontario M5H 4E8 announces that, on December 31, 2011, a joint actor of Sheridan acquired ownership of $180,000 principal amount of Series A 10% unsecured convertible debentures of Sheridan Brothers Trust ("Sheridan Brothers") (the "Debentures") for cash consideration equal to the face amount of the Debentures. The Debentures are due on December 31, 2016 and the principal amount and accrued interest may be converted into units of Sheridan Brothers (the "Units") at a conversion price of $0.15 per Unit.
View More : http://www.marketwire.com/mw/release.do?id=1603451&sourceType=3
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