Dukraft Market News Mining News Casablanca Mining Cancels Anti-Dilution Obligations

Casablanca Mining Cancels Anti-Dilution Obligations

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Casablanca Mining announced today that its CEO, Juan Carlos Camus, has cancelled the anti-dilution feature of his convertible promissory note in the amount of $1,087,000 from Casablanca Mining through the exchange of this note for 2 million shares of Casablanca common stock, $130,000 in cash and a new promissory note.

Authors: mining - Yahoo! News Search Results

Read more... http://biz.yahoo.com/bw/110819/20110819005129.html?.v=1

 
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