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Algoma Central Corporation

11:36 AM EST - Algoma Central Corporation : Announced the closing of its previously announced offering of $75,000,000 aggregate principal amount of 5.25% convertible unsecured subordinated debentures at a price of $1,000 per Debenture on a bought deal basis to a syndicate of underwriters. Algoma Central Corporation shares T.ALC are trading unchanged at $12.63.