St. Barbara redeems all A$1.2 million of remaining convertibles

By Angela McDaniels

Tacoma, Wash., July 7 - St. Barbara Ltd. redeemed A$1.2 million of its convertible notes, according to a company news release.

All of the convertibles have now been redeemed or repurchased.

As previously reported, A$20.75 million of the convertibles were put back for repurchase on June 4 and the company began a compulsory redemption process to acquire the remaining convertibles.

St. Barbara is a Melbourne, Australia-based gold producer and mineral explorer.

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