November 21, 2012 12:00 ET
TORONTO, ONTARIO--(Marketwire - Nov. 21, 2012) - Gram Minerals Corp. ("Gram") confirmed today that on November 16, 2012 it issued a convertible debenture to Cardon Equities Inc. on a private placement basis against an advance of $70,000. The debenture is convertible into common shares at a rate of $0.01 per common share, subject to the lifting of the cease trade order currently in effect against Gram. The issuance of the debenture was made pursuant to an order of the Ontario Securities Commission dated September 19, 2012.
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