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JayHawk Energy issues 1.6M shares of common stock

Post Falls-based JayHawk Energy Inc. has issued 1.6 million shares of its common stock to retire a 12 percent convertible debenture that would have been due on July 30, 2010. Additionally, this conversion alleviates approximately $56,000 in accrued interest. JayHawk Energy CEO Lindsay Gorrill said in a release that the issue strengthens the company's balance sheet ...

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