Coeur d'Alene to issue shares for $18.32 million of two series of convertibles

By Susanna Moon

Chicago, March 13 - Coeur d'Alene Mines Corp. agreed to exchange $12,026,000 principal amount of its 1.25% convertible senior notes due 2024 and $6,291,000 of its 3.25% convertible senior notes due 2028 for 15,361,918 common shares, according to a 10-K filing with the Securities and Exchange Commission.

The privately negotiated agreements are dated March 9, March 12 and March 13.

The company expects to issue all the shares between March 10 and March 19.

Coeur d'Alene is a Coeur d'Alene, Idaho-based silver and gold producer with mining interests in Alaska, Nevada, Argentina, Australia, Bolivia, Chile and Tanzania.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.