11:09 AM EST - Calfrac Well Services Ltd. : Announced a conversion incentive program designed to encourage the early conversion of up to all of the $47,440,000 principal amount of outstanding 10.0% 1.5 Lien Senior Secured Convertible PIK Notes issued by the Company. The Notes are currently convertible into common shares of the Company at a conversion price of $1.3325 per Common Share. The closing price of the Common Shares on the Toronto Stock Exchange on November 21 was $7.15. Calfrac Well Services Ltd.
shares T.CFW are trading up $0.04 at $7.19.
