GIG HARBOR, Wash., March 26, 2018 /PRNewswire/ -- LKA Gold Incorporated (OTCQB: LKAI) reports that certain of the Company's largest shareholders and insiders have agreed to convert their 7.5% convertible debentures, plus accrued interest, to LKA common stock at a price of $.20 per share. When originally issued, the debentures carried a conversion price of $.50 per share. All LKA debenture holders and certain of the Company's unsecured creditors will be offered this same reduced conversion price until 6:00 PM PDT on April 30, 2018. Included amongst the insiders who've agreed to convert debentures are the Koski Family Limited Partnership, Kye Abraham, Caldera Partners Limited Partnership and individual Koski family members. Principal and accrued interest on these debentures will total $644,998 on April 31, 2018. All other debenture holders will be entitled to convert their debentures on the same terms and will be limited to the same April 30, 2018 deadline. Additionally,Read full news