Convertible Debenture

Convertible debenture terms were recently amended.

Zargon has these convertible unsecured subordinated debentures listed on the TSX under the “ZAR.DB.A” symbol as summarized in the table below:

TSX Symbol Date Issued Interest Rate per Annum Amount Outstanding Maturity Date Conversion Privilege for each $1,000 principal amount converted Related Documents (PDF)
ZAR.DB.A
May 1, 2012
and
May 4, 2012
8.00% per annum, payable semi-annually,
March 31 and September 30
$41.94 million
December 31, 2019
$1.25/common share