FORT ST. JOHN, BRITISH COLUMBIA -- (Marketwire) -- 06/11/10 -- Macro Enterprises Inc. ("Macro") (TSX VENTURE: MCR) announces that it has issued, pursuant to the Convertible Loan Agreement, as amended, dated July 7, 2006 among Macro, its wholly-owned subsidiary, Macro Industries Inc. and certain lenders (the "Lenders"), an aggregate of 442,254 Common shares (the "Shares") to the Lenders in satisfaction of interest due to the Lenders for the quarter ended March 31, 2010 in the amount of $110,563.22. The TSX Venture Exchange has approved the issuance of the Shares to the Lenders, including the following three Lenders who are insiders of Macro: Frank Miles, Mark Dodge and Hugh Sewell. Particulars of the Convertible Loan Agreement, as amended, were set out in Macro's news release dated April 30, 2009, and a copy of the Convertible Loan Agreement is available on SEDAR at www.sedar.com.
Macro Enterprises Inc. is a leading oilfield construction and maintenance company with operations centered in Fort St. John, B.C. Macro's activities include pipeline construction, facilities maintenance, custom fabrication and insulating services.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Macro Enterprises Inc.
Frank Miles
Chief Executive Officer
250 785 0033
250 785 0073 (FAX)
frank@macroindustries.ca
