09:51 AM EST - Duluth Metals Limited : announced that the Company has entered into a binding term sheet with CEF Holdings Limited to issue and sell to CEF $30 Million in aggregate principal amount of unsecured convertible debentures of Duluth Metals. The debentures will carry a 7.5% coupon over a five-year term with a conversion price based on a 30% premium to the 20-day volume-weighted average price (VWAP) of Duluth Metals shares at the close of trading on March 28. Duluth Metals Limited
shares T.DM are trading up $0.02 at $1.96.
