OceanaGold lifts conversion price of 5.75% convertibles to A$4.1982

By Devika Patel

Knoxville, Tenn., Sept. 25 - OceanaGold Corp. said it has increased the conversion price of its A$55 million in 5.75% convertible notes due 2012 to A$4.1982 per share from A$0.8487, with effect from July 5, 2007.

The adjustment was made in connection with a share consolidation under a scheme of arrangement and subsequent initial public offering conducted by the company on the Toronto Stock Exchange.

OceanaGold is a gold exploration company based in Melbourne, Australia.

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