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OceanaGold lowers conversion price of 5.75% convertibles to A$4.10
By Melissa Kory
Cleveland, Oct. 21 - OceanaGold Corp. announced that it has lowered the conversion price of its A$55 million 5.75% convertible notes due 2012 to A$4.1011 from A$4.1471, effective Oct. 20.
The adjustment was due to placements of shares to investors in Australia and Canada.
OceanaGold is a gold exploration company based in Melbourne, Australia.
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