United Paragon Mining Corporation Additional Listing
PSE Circular for Brokers No. 1532-98 • Philippine Stock Exchange • Circulars for Brokers • Jul 6, 1998
Full text
July 6, 1998 PSE CIRCULAR FOR BROKERS NO. 1532-98 SUBJECT : United Paragon Mining Corporation Additional Listing Please be informed that on October 22, 1997, the Exchange approved, subject to the actual conversion of convertible notes, the listing application of UNITED PARAGON MINING CORPORATION (the "Company") to list 236,363,636 common shares, with a par value of P1.00 per share, to cover the underlying shares of the US$10 million worth of Convertible Notes at the conversion price of P1.10 per share. In connection with this, please be advised that the Company made a call to concerned noteholders for the compulsory conversion of the remaining US$8,666,666.67 worth of convertible notes to 204,848,485 common shares. In view thereof, the listing of the 204,848,485 common shares is set for Tuesday, July 7, 1998 . This brings a total of 236,363,636 common shares already listed arising from the conversion of the Notes worth US$10 million. For your information and guidance. (SGD.) REYNOLD P. ONG Vice President, Listings and Disclosure Group
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.