|
|
Article: Turbo Power Systems Inc: Redemption of Loan Notes
- Article from:
- CCNMatthews Newswire
- Article date:
- January 11, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
|
CALGARY, ALBERTA--(CCNMatthews - Jan. 11, 2007) -
Turbo Power Systems Inc. (the "Company") (TSX:TPS)(AIM:TPS)
Further to the announcement made on 28 December 2006, the Company
is pleased to announce the redemption of a further Pounds Sterling
4,500,000 loan notes, which completed on 6 January 2007. Following
this redemption a total of Pounds Sterling 9,360,000 loan notes
(Pounds Sterling 5,000,000 Loan Notes 2003 and Pounds Sterling
4,360,000 Loan Notes 2005) have been redeemed in exchange for either
common shares of no par value in the Company ("Common Shares") or A-
Shares in Turbo Power Systems Ltd ("A-Shares").
The Company is pleased to announce that the fundraising