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Published on 10/21/2010 in the Prospect News Convertibles Daily.

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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