SBK to Issue Shares to Settle Debt
20 September 2011 - 6:09PM
Marketwired Canada
Sherbrook SBK Sport Corp. ("SBK") (TSX VENTURE:SBK) announces its intention to
issue a total of 583,333 common shares to a lender at a deemed price per share
of $0.06 each, the whole in settlement of interest payable totalling $35,000.
These shares will be subject to resale restrictions for a period of four months.
The issuance of these shares remains subject to the approval of the TSX Venture
Exchange.
About SBK
Founded in late 2008, SBK is a Quebec-based company offering a complete line of
player and goaltender hockey sticks and protective equipment. SBK Hockey sells
and gives excluding rights to an extensive list of distributors across Europe
and North America, and has a network of Canadian and China based manufacturers.
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