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Hamilton, Bermuda – 07 January 2021 – In a filing with the Bermuda Stock Exchange (“BSX”), Canadian Royalty Funding Corp (the “Company” or “CRFC”; Ticker: CFRSR.BH) announced the completion of a repurchase of debentures of Canadian Royalty Funding Corp. The full filing stated:

 

 

 

The Company is pleased to advise that it has completed the repurchase of convertible unsecured senior redeemable debentures of CRFC (the “Debentures”) with a par value of CAD $270,000, on Thursday December 10, 2020. Such repurchase is permitted under Section 4.9 of the debenture indenture entered into by CRFC and AST Trust Company Canada (“AST”), as trustee, as of April 21, 2015.

 

 

 

As registered holder on behalf of three investors approached the Company to purchase their entire debenture investment of CAD $270,000. The company agreed to repurchase those Debentures.

 

 

 

The registered holder has received cash for the repurchased amount of Debentures. All submitted Debenture have been cancelled and will not be reissued.

 

 

 

Prior to the transaction, CRFC had issued and outstanding Debentures with a par value of CAD $2,855,000. After this repurchase was completed, the total amount of issues and outstanding Debentures is CAD$2,585,000.

 

 

 

Further information about the Company and this release please contact:

 

 

 

Canadian Royalty Funding Corporation

 

150 King Street West, Suite 1702

 

Toronto, ON M5H 1J9

 

Tel: 416 862 7755.