Huldra Silver Inc. Announces Entry Into $10,000,000 Credit Facility
Jun. 17, 2011 10:06AM PST
Silver InvestingHuldra Silver Inc. (CVE:MDA) announced that Waterton Global Value, L.P. has agreed to make a $10,000,000 credit facility available to the company.
Huldra Silver Inc. (TSXV:MDA) announced that Waterton Global Value, L.P. has agreed to make a $10,000,000 credit facility available to the company.
The press release is quoted as saying:
The advances may be drawn down by the Company at any time until May 31, 2012 and all amounts outstanding must be repaid by April 30, 2013. Repayment amounts are subject to adjustment based on the spot price of silver as set out in the Credit Agreement.