00:08:38 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



Huldra Silver Inc (2)
Symbol HDA
Shares Issued 27,794,594
Close 2014-08-22 C$ 0.06
Market Cap C$ 1,667,676
Recent Sedar Documents

Huldra raises conversion price under debenture offering

2014-08-25 17:59 ET - News Release

Mr. Garth Braun reports

HULDRA SILVER AMENDS TERMS OF SECURED CONVERTIBLE DEBENTURE PRIVATE PLACEMENT

Huldra Silver Inc. has amended certain terms of its previously announced secured convertible debenture private placement to raise gross proceeds of up to $8-million following further discussions with the TSX Venture Exchange. Under the amended terms, the company seeks to complete the financing by the issuance of secured convertible debentures that are convertible into common shares of the company at a conversion price of 5.5 cents per share prior to the maturity date of the debentures, instead of at five cents per share as previously announced. All other terms of the debentures and the financing remain the same. For additional details regarding the financing and the terms of the debentures, see the company's news releases dated June 10, 2014, and Aug. 8, 2014. The closing of the financing, including the previously described first tranche, remains subject to approval of the exchange. The company does not expect to pay any finders' fees in connection with the financing. All securities issued pursuant to the financing are expected to be subject to a hold period of four months and one day. In addition, the exchange may impose additional escrow requirements with respect to certain securities issued to insiders pursuant to the financing.

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