Ferrum Americas Mining is pleased to announce the automatic exchange of the previously issued 37,500,000 subscription receipts into 37,500,000 common shares of the Company, effective February 18, 2016. The Tranche 2 Subscription Receipts were issued on November 6, 2015 in a private placement financing at a price of $0.01 per Tranche 2 Subscription Receipt for, together with 9,600,000 tranche 1 subscription receipts
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