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Los Angeles, CA -- (SBWIRE) -- 02/06/2014 -- Hotpennystocknews.com issues special report on - TransForce Inc. (TFIFF) , St-Georges Platinum & Base Metals Ltd. (OTCMKTS:SXOOF)
TransForce Inc. (TFIFF) is a North American leader in the transportation and logistics industry operating across Canada andthe United States through its subsidiaries. TransForce creates value for shareholders by identifying strategic acquisitions and managing a growing network of wholly-owned, operating subsidiaries. Under the TransForce umbrella, companies benefit from corporate financial and operational resources to build their businesses and increase their efficiency.
TransForce companies service the following segments:
1. Package and Courier;
3. Truckload, which includes specialized truckload and dedicated services;
4. Specialized Services, which includes services to the energy sector, waste management, logistics and ancillary transportation services.
TFIFF a North American leader in the transportation and logistics industry, today announced the results of the redemption of its 6% convertible unsecured subordinated debentures, the terms of which had been publicized on January 3, 2014. These debentures, with an original aggregate principal amount of $143,750,000, were listed on the Toronto Stock Exchange under the symbol "TFI.DB".
Pursuant to the conversion option available to debenture holders, TransForce received conversion requests for a principal amount of $118,167,000 between January 3 and 31, 2014, resulting in the issuance of 6,202,974 new common shares of TransForce. Prior to the redemption announcement, a principal amount of $21,240,000 had already been converted, while $403,000 had already been redeemed pursuant to a normal course issuer bid program.TransForce redeemed an unconverted principal amount of $3,940,000 as at February 3, 2014.
For more information, visit here.
St-Georges Platinum & Base Metals Ltd. (OTCMKTS:SXOOF) is a junior Platinum, Palladium, Rhodium, Copper, Cobalt and Nickel explorer with projects in the Province of Quebec, Canada. Headquartered in Montreal, the Company’s stock is listed on the CNSX under the symbol SX, the OTCQX under the symbol SXOOF and the Berlin Stock Exchange under the symbol 85G.
The company owns the Villebon Copper-Nickel and PGEs property in Abitibi and a 100% interest in the Julie and Isoukustouc Nickel-Copper-PGEs projects.
It also owns a 100% interest in ten North Shore properties that constitute the Manicouagan constellation which are explored for Nickel, Copper, Platinum, Palladium and Graphite and 50% equity interest in 6 properties explored for graphite with Amseco Exploration, all the latter being on Quebec's North Shore near the deep-seaport town of Baie-Comeau.
Keep a close eye on SXOOF, as the stock has been showing unusual moves over the past weeks.SXOOF is -0.0006 - -1.44% from the previous close of $0.0418. It traded between $0.0412 - 0.0412 with total traded volume of 30000 shares.
Do you think now is a good time to buy or sell SXOOF? See SXOOF earnings forecast report Here.
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