Business
Canadian Equipment Rental Fund Limited Partnership closes issuance of units for debt
Canadian Equipment Rental Fund Limited Partnership closes issuance of units for debt.
About this update from Zedcor Inc
[{"type":"text","content":"\n\n\n\nTSX Venture Symbol: CFL.UN\n\n\nCALGARY, Dec. 11 /CNW/ - Canadian Equipment Rental Fund Limited\nPartnership (\"CERF LP\") has closed the previously announced issuance to\nTimberwolf Technologies Inc. (\"TTI\") of 200,000 limited partnership units of\nCERF LP (\"Units\") in full and final payment and satisfaction of the principal\namount of $500,000 owing by CERF LP to TTI at a deemed price of $2.50 per\nUnit.\n\n\nTTI is a private Alberta corporation controlled by Mr. Wayne Wadley. Mr.\nWadley is also the President and Chief Executive Officer of CERF GP Corp., the\ngeneral partner of CERF LP.\n\n\nCERF LP is an Alberta limited partnership engaged in the rental, sale and\nservice of industrial and construction equipment. CERF LP trades on the TSX\nVenture Exchange under the symbol \"CFL.UN\" and now has 5,114,119 Units issued\nand outstanding.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n%SEDAR: 00022335E\n\n\n","length":1053,"tagName":"div"}]