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Monday, July 22, 2013 3:44:58 PM
Las Vegas, NV -- (SBWIRE) -- 07/22/2013 -- Liquidmetal Technologies Inc (OTCBB:LQMT) and all shareholders of Senior Convertible Notes agreed to convert these notes.
Liquidmetal Technologies Inc and all its shareholders of Senior Convertible Notes that were issued on 3rd July, 2012 in the original aggregate principal amount of $12.0 million agreed to cause all remaining principal and interest under the Convertible Notes to be converted into an aggregate of 18,679,584 shares of the Company's common stock in full satisfaction of the Convertible Notes.
It is expected that the shares will be delivered to the holders of the Convertible Notes on 18th July, 2013. As a result of this conversion, the Convertible Notes will be paid in full and no longer outstanding
http://www.sbwire.com/press-releases/latest-updates-on-liquidmetal-technologies-inc-otcbblqmt-288008.htm
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