James H. T. Riddell Converts Debentures To Acquire Common Shares Of Paramount Resources

Treherne Resources Ltd., a company over which James H. T. Riddell exercises voting control or direction, has converted $25 million principal amount of 7.5 per cent senior unsecured convertible debentures of Paramount Resources Ltd. to acquire 3,750,375 class A common shares of Paramount at a conversion price of $6.666 per share. 

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