22:52:36 EDT Sun 28 Apr 2024
Enter Symbol
or Name
USA
CA



Schwabo Capital Corp
Symbol SBO
Shares Issued 2,850,001
Close 2014-11-03 C$ 0.175
Market Cap C$ 498,750
Recent Sedar Documents

ORIGINAL: Schwabo extends $125,000 of notes to October, 2015

2015-01-26 14:52 ET - News Release

Received by email:

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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