Stoneset Equity Development Corp.

Stoneset Equity Development Corp.

May 02, 2011 09:00 ET

Stoneset Bonds Extended

CALGARY, ALBERTA--(Marketwire - May 2, 2011) - Stoneset Equity Development Corp. (CNSX:SQC) series A & B bonds matured on March 31st, 2011. At the time of the planned maturity date Stoneset Vista Del Lago Limited Partnership was not in a position to payout the Bonds to Stoneset One Mortgage Corporation. In a letter to investors Stoneset has indicated its intention to continue paying the bond interest of 10% while extending the term of the bond for one additional year.

Stoneset Equity Development Corp is a Calgary-based real estate investment companyand property developer with a vision to create balance of consistent growth for investors, minimal environmental impact and value to the community.

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

Contact Information

  • Stoneset Equity Development Corp.
    Jude Brown, B.A.
    (778) 918-4944