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Prospect News home > News index > List of issuers A > Headlines for ACL International Ltd. > News item
Published on 9/29/2015 in the Prospect News PIPE Daily.

ACL cancels plans for its $5 million private placement of convertibles

Company says it no longer intends to offer 12% convertible debentures

By Devika Patel

Knoxville, Tenn., Sept. 29 – ACL International Ltd. said it will not proceed with its $5 million private placement of 12% convertible debentures. The deal priced with a $3 million greenshoe on Aug. 18.

The oil and gas exploration and development company is based in Calgary, Alta.


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