Rochester, New York 12/17/2009 11:45:00 AM
News / Business

West Mountain Capital Repays Principal Debentures for total of $100,000

West Mountain Capital Corp. (TSX-V: WMT) has repaid their principal debentures for a total of $100,000. The debentures contain part of the 10.0% unsecured convertible debentures in the aggregate amount of $500,000 which were issued in September, 2008 and are due on March 26, 2010. Debentures in the total amount of $400,000 still remain outstanding. The outstanding debentures are convertible at $0.15 per common share.

 

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West Mountain Capital Corp. is a Canada-based company. The Company’s wholly owned subsidiaries include Phase Separation Solutions Inc. (PS2) and 1095269 Ontario Limited.

 

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