AGORACOM News Flash

AGORACOM WIRE .... WEEKEND EDITION

TOP STORY .... AGORACOM Launches GraphiteStocksBlog.com

We're proud to announce the launch of GraphiteStocksBlog.com a website dedicated to the needs of investors and companies in the fast growing Graphite industry.

INAUGURAL GRAPHITE SPONSORS

AGORACOM INTERVIEWS ERIC SPROTT: Eric Discusses UC Resources $1.5M Investment INTO Sprott + Current And Future Silver Path

Message: NEWS - RepeatSeat Ltd. Announces Shares for Debt Settlement

Reply New Message

« Prev Message Back To Forum Go to Threaded View Next Message »

AGORACOM-PAULN

Rank: [?]

Treasurer

Points: [?]

477

Rating: [?]

Votes: 0

Currently 0.0/5 Stars.

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

NEWS - RepeatSeat Ltd. Announces Shares for Debt Settlement

posted on Jul 08, 08 09:01AM

CALGARY, ALBERTA -- July 8, 2008 - RepeatSeat Ltd. (TSX VENTURE: RPS.V) ("RepeatSeat" or the "Corporation") announces that, subject to regulatory approval, it intends to proceed with a Shares for Debt transaction with the issuance of 343,071 Common Shares of the Corporation at a deemed price of $0.13 to settle outstanding debt in the amount of $44,599.23. The Common Shares issued are subject to a four-month hold period from the date of issuance.

The Shares for Debt settlement is to an Arm's Length Party and there will not be a new Control Person as a result of the issuance of the shares for debt.

The TSX Venture Exchange does not accept responsibility for the adequacy and accuracy of this release.

Contacts

Bob Christianson
RepeatSeat Ltd.
President and COO
(403) 716-2276
Email: bchristianson@repeatseat.com
Website: www.repeatseat.com