FORT ST. JOHN, BRITISH COLUMBIA--(Marketwired - Jun 18, 2013) - Macro Enterprises Inc. (TSX VENTURE:MCR) (the "Company" or "Macro") announces that it has received approval from the TSX Venture Exchange and approval from the Company's disinterested Common shareholders of an amendment to the Convertible Loan Agreement, as amended, dated July 7, 2006 among the Company, its wholly-owned subsidiary, Macro Industries Inc., and certain lenders. Particulars of the amendment are set out in the Company's Information Circular dated April 10, 2013 which, together with a copy of the amended Convertible Loan Agreement, are available on SEDAR at www.sedar.com. As announced by the Company on June 3, 2013, the lenders have given notice of their intention to convert the principal amount of the loan to Common shares.
Macro's core business is providing pipeline and facilities construction and maintenance services to major companies in the oil and gas industry in northeastern British Columbia and northwestern Alberta. The Company's corporate office is in Calgary, Alberta. Its shares are listed on the TSX Venture Exchange under the symbol MCR. Information on the Company's principal operating unit, Macro Industries Inc., can be found at www.macroindustries.ca.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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President and C.E.O.
Macro Enterprises Inc.
T. Jerrold Jackson