Debenture holders back Caspian, convert debt to equity
08.04.2011
Source: Caspian Energy Inc. Press-release
A new debenture agreement allows Caspian Energy Inc. (TSX:CEK) to proceed with oil production and drilling projects in Kazakhstan, Caspian CEO William Ramsay said on April 7.The agreement, ratified by debentureholders and the Board of Caspian, requires approval by the Toronto Stock Exchange and Caspian shareholders....
