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OxySure™ Systems, Inc. Affiliates Convert $2.02 Million in Notes to Common Stock at $1.50 Per Share Conversion Price Represents 52% Premium to Market


1/3/2013 8:51:46 AM

FRISCO, Texas, Jan. 3, 2013 (GLOBE NEWSWIRE) -- OxySure® Systems, Inc. (OTCBB:OXYS) ("OxySure," or the "Company"), the medical device innovator of life-saving, easy-to-use emergency oxygen solutions with its "oxygen from powder" technology today announced that affiliates Agave Resources, LLC and JTR Investments, Limited converted a total of $2,018,656 in convertible notes to OXYS common stock at an aggregate exercise price of $1.50 per common share. The conversion price of $1.50 per share represents a premium of 52% to the OXYS share price at the close of market on January 2, 2013.

Read at GlobeNewswire

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