St. Barbara to decrease conversion price of convertible notes

By Devika Patel

Knoxville, Tenn., June 20 - St. Barbara Ltd. said it will lower the conversion price of its A$100 million in convertible notes to A$0.67 per share from A$0.7261 per share.

The change will take effect upon completion of the company's planned two-for-seven entitlement offer to shareholders.

St. Barbara is a Melbourne, Australia, gold miner.

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