February 19, 2012
Orckit Communications Ltd. (Nasdaq: ORCT; TASE: ORCT) today reached a written agreement with its Series A and B bondholders. Orckit will repay its Series A bond in full. Orckit’s share price fell 24.2% in morning trading on the TASE, following the announcement, to NIS 2.15, after falling 2.7% Nasdaq yesterday to $ 0.73, giving a [...]
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February 19, 2012
Cresval Capital Corp. (the “Company”) (TSX VENTURE:CRV) announces that it has arranged a debt settlement with certain creditors. The debt settlement will allow the Company to restructure approximately $ 37,590 in outstanding debt through the issuance of up to 375,900 common shares of the Company. The debt settlement is subject to TSX Venture Exchange approval. [...]
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