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May 8, 2006 - CrossOff Incorporated Calls Meeting of 9% Unsecured Convertible Debenture Holders |
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| (Halifax, Nova Scotia) CrossOff Incorporated announced today that it has requested that the holders of its 9% Unsecured Convertible Subordinated Debentures approve an extension of the term of the debentures for a period of two years, with a reduction of the conversion price to $0.90 subject to regulatory approval. The debentures are currently due May 31, 2006. A meeting of debenture holders has been called for May 30, 2006 for this purpose. |
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| About CrossOff |
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| CrossOff Incorporated is a Canadian based corporate training and consulting company. CrossOff is traded on the Toronto Stock Exchange as OFF. More information is available on the company’s website at www.crossoff.com. |
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For further information, please contact:
Anne Day
CrossOff Incorporated
902.496.6411
902.423.5316
aday@crossoff.com |
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