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Published on 2/20/2009 in the Prospect News PIPE Daily.

Dirtt will repurchase C$1.85 million 8% convertibles under issuer bid

By Devika Patel

Knoxville, Tenn., Feb. 20 - Dirtt Environmental Solutions Ltd. said it will buy back C$1.85 million of its C$3.5 million in 8% unsecured subordinated convertible debentures under the company's issuer bid.

The debentures will be bought back at C$840 per C$1,000 of debentures.

Dirtt, which stands for "Doing It Right This Time," is based in Calgary, Alta., and provides modular interior walls for workspaces.


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