Pan American Silver Announces: Redemption of Outstanding Debentures
09 11월 2006 - 5:47AM
PR Newswire (US)
(all amounts in $US unless otherwise stated) VANCOUVER, Nov. 8
/PRNewswire-FirstCall/ -- Pan American Silver Corp. (PAAS: NASDAQ;
PAA: TSX) announced today that it has delivered a Redemption Notice
to the holders of the Company's US $647,000 outstanding principal
amount of 5.25% convertible debentures due July 31, 2009 (the
"Debentures"). Pursuant to the Redemption Notice the Debentures
will be redeemed as of December 12, 2006 and each holder will be
entitled to a redemption amount equal to US $1,019.27 for each US
$1,000 principal amount of Debentures, being equal to the aggregate
of (i) US $1,000 and (ii) all accrued and unpaid interest up to but
excluding the Redemption Date (collectively, the "Total Redemption
Price"). The Total Redemption Price will be payable upon
presentation and surrender of the Debentures at the office of
Computershare Trust Company of Canada as set out in the Redemption
Notice. This press release shall not constitute an offer to sell or
the solicitation of an offer to buy nor shall there be any sale of
these securities in any state in which such offer, solicitation or
sale would be unlawful prior to registration or qualification under
the securities laws of any such state. CONTACT: Alexis Stewart,
Director Corporate & Investor Relations, (604) 684-1175,
DATASOURCE: Pan American Silver Corp. CONTACT: Alexis Stewart,
Director Corporate & Investor Relations, (604) 684-1175,
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