Sherbrook SBK Sport Corp. Announces Shares for Debt Issuance
December 14 2011 - 8:00AM
Marketwired Canada
Sherbrook SBK Sport Corp. ("SBK") (TSX VENTURE:SBK) announces his intention to
issue a total of 34,953,700 common shares to certain of their creditors at a
deemed price per share of $0.05 each, the whole in settlement of debt totalling
$1,747,685.
The shares issued under this transaction are subject to a restricted period on
resale for four months and one day.
The transaction is subject to the approval of TSX Venture Exchange Inc. and of
regulatory authorities.
About Sherbrook SBK Sport Corp.
Sherbrook SBK Sport Corp. is a Canadian publicly traded company specializing in
the design, manufacturing and distribution of sporting goods and apparels. The
company's current main focus is on the design, manufacturing and distribution of
Hockey equipment including a variety of sticks, skates and protective gear for
both players and goalie.
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