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File: 20150126 Convertible loan extension.doc
SCHWABO ANNOUNCES EXTENSION OF
MATURITY DATE OF CONVERTIBLE LOAN NOTES
January 26, 2015 TSXV: SBO.H
Vancouver, B.C., January 26, 2015 - Schwabo Capital Corporation (TSXV: SBO.H) ("the Company" or "Schwabo") announces t
--->hat it has made arrangements with the lenders to extend the maturity date of the outstanding $125,000 convertible loan
---> notes plus interests (the "Notes") for another year. The Notes originally had a term of 3 years and were due and repa
--->yable on October 7, 2014.
The Notes are unsecured and bear interest at 18% per annum. The lenders may, at its option, convert the Notes into com
--->mon shares of Schwabo at a price of $0.10 per share at any time until October 7, 2015. All other terms of the Notes re
--->main unchanged.
The extension is subject to acceptance for filing by the TSX Venture Exchange.
On behalf of the Board of Directors,
SCHWABO CAPITAL CORPORATION
"Mike Suk"
Mike Suk
President & CEO
For more information contact the Company at:
Telephone: (604) 669-9788 Facsimile: (604) 669-9768
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
--->TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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