HOLLOWAY LODGING REAL ESTATE INVESTMENT TRUST ("HLR.UN")
BULLETIN TYPE: Shares for Debt, Shares for Services
BULLETIN DATE: March 2, 2007
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing the Company's proposal to issue 11,130 Units at a price of $5.22 units to settle outstanding debt for $83,000.
Number of Creditors: 2 Creditors
Insider / Pro Group Participation:
Insider=Y / Amount Deemed Price
Creditor Progroup=P Owing per Share # of Shares
W. Glenn Squires Y $ 70,000 $5.22 9,387
Jane Rafuse Y $13,000 5.22 1,783
The Company shall issue a news release when the shares are issued and the debt extinguished.
TSX Venture Exchange has accepted for filing the Company's proposal to issue 12,001 units at a deemed price of $5.22, in consideration of certain services provided to the Company pursuant to an agreement disclosed in the Company's Management Information Circular dated May 4, 2006.
The Company shall issue a news release when the shares are issued.
TSX-X
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