Dear shareholder,
Thank you for your inquiry. The following response was provided by management.
“Interest on the debentures is paid via shares at the conversion price as per the agreements in place, approximately $0.55/share. Neither party has elected to convert the debt to shares. There is no financial reason at this time for Bell Copper to either convert or payout the debt based on the Company’s current share price.”
Regards,
AGORACOM Investor Relations