Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
Aterra Investments Acquires Secured Convertible Debentures of Plains Creek

TORONTO, Jan. 16, 2013 /CNW/ - Aterra Investments Limited ("Aterra") announces it acquired on January 15, 2013, in a private placement, $1,000,000 aggregate principal amount of secured convertible debentures ("Debentures") of Plains Creek Phosphate Corporation ("Plains Creek") due March 31, 2014. The Debentures bear interest at 10% per annum. Every $1,000 principal amount of Debentures is convertible at any time, at Aterra's option: (a) initially, into 10,000 common shares of Plains Creek ("Common Shares") at a price of $0.10 per share; and (b) in the event of a share consolidation by Plains Creek, at a conversion price per share equal to the greater of (i) $0.01 per share times the consolidation ratio, and (ii) the minimum allowable conversion price of $0.10 per share under the policies of the TSX Venture Exchange.  In connection with the issuance of the Debentures, Plains Creek agreed to use its best efforts to cause a Common Share consolidation to become effective on a 20-to-1 basis on or prior to March 15, 2013 (the "Proposed Consolidation").  At the time of Debenture conversion, any and all accrued interest is also convertible at Aterra's option into Common Shares at the applicable conversion price.

Aterra also owns 28,125,000 Common Shares (the "Owned Shares") and warrants to purchase an additional 14,062,500 Common Shares (the "Warrant Shares").  Assuming Aterra were to fully convert its $1,000,000 aggregate principal amount of Debentures (but none of the interest) and exercise all its warrants, then (a) if such conversion and exercise were to occur before the Proposed Consolidation became effective, Aterra would acquire 10,000,000 Common Shares upon conversion of the Debentures, representing approximately 2.4% of the then outstanding Common Shares, and the Common Shares acquired upon such conversion, together with the Owned Shares and the Warrant Shares, would represent approximately 12.7% of the then outstanding Common Shares, and (b) if such conversion and exercise were to occur after the Proposed Consolidation became effective, Aterra would acquire 5,000,000 post-consolidation Common Shares upon conversion of the Debentures, representing approximately 19.9% of the then outstanding post-consolidation Common Shares, and the post-consolidation Common Shares acquired upon such conversion, together with the Owned Shares and the Warrant Shares, would represent approximately 28.3% of the then outstanding post-consolidation Common Shares.

Aterra acquired the Debentures for investment purposes and continues to monitor the business, prospects, financial condition and potential capital requirements of Plains Creek.  Depending on its evaluation of these and other factors, Aterra may from time to time in the future increase or decrease its ownership, control or direction over the Common Shares or other securities of Plains Creek through market transactions, private agreements, subscriptions from treasury or otherwise.

 

SOURCE Aterra Investments Limited

About PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @Thi...
Internet of @ThingsExpo has announced today that Chris Matthieu has been named tech chair of Internet of @ThingsExpo 2017 New York The 7th Internet of @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, New York. Chris Matthieu is the co-fo...
"We're a cybersecurity firm that specializes in engineering security solutions both at the software and hardware level. Security cannot be an after-the-fact afterthought, which is what it's become," stated Richard Blech, Chief Executive Officer at Secure Channels, in this SYS-CON...
Microsoft took another step toward being king of the cloud hill when it announced in January that it was releasing its Azure stack to the public. There are many technical reasons why this is cool, but more importantly, it's the psychological advantage this gives Microsoft. Goog...
In the next forty months – just over three years – businesses will undergo extraordinary changes. The exponential growth of digitization and machine learning will see a step function change in how businesses create value, satisfy customers, and outperform their competition. In th...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE