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Huldra Silver Inc (2)
Symbol HDA
Shares Issued 27,794,594
Close 2014-08-22 C$ 0.06
Market Cap C$ 1,667,676
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ORIGINAL: Huldra raises conversion price under debenture offering

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

Received by email:

File: Huldra -News Release ConvertibleDebenture Private Placement - Amended Terms (August 25, 2014).docx

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TSX.V: HDA NEWS RELEASE


HULDRA SILVER AMENDS TERMS OF SECURED CONVERTIBLE DEBENTURE PRIVATE PLACEMENT

VANCOUVER, B.C, August 25, 2014 - Huldra Silver Inc. ("Huldra" or the "Company") announces that it has amended certain
---> terms of its previously announced secured convertible debenture private placement to raise gross proceeds of up to $8
--->,000,000 (the "Financing") following further discussions with the TSX Venture Exchange (the "Exchange").  Under the am
--->ended terms, the Company seeks to complete the Financing by the issuance of secured convertible debentures (each, a "D
--->ebenture") which are convertible into common shares of the Company (each, a "Share") at a conversion price of $0.055 p
--->er Share prior to the maturity date of the Debentures instead of at $0.05 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 ter
--->ms of the Debentures, see the Company's news releases dated June 10, 2014 and August 8, 2014.
The closing of the Financing, including the First Tranche, remains subject to approval of the Exchange.  The Company d
--->oes not expect to pay any finder's fees in connection with the Financing. All securities issued pursuant to the Financ
--->ing are expected to be subject to a hold period of four months and one day.  In addition, the Exchange may impose addi
--->tional escrow requirements with respect to certain securities issued to insiders pursuant to the Financing. 
On behalf of the Board of Directors
"Garth Braun" 
Garth Braun
CFO & Director
For additional information
Contact: Garth Braun (604) 647-0142   garth@huldrasilver.com
Disclaimer for Forward-Looking Information
This press release contains projections and forward-looking information that involve various risks and uncertainties r
--->egarding future events including: (i) that Huldra will be able to complete the Financing on the terms described herein
--->, or at all, (ii) that holders of the Debentures will be able to convert the Debentures at the conversion price stated
---> in this news release, (iii) that the Exchange will approve the Financing, (iv) that there will be no amendments to th
--->e terms of the Financing other than as stated in this news release, (v) that no finder's fees will be payable in conne
--->ction with the Financing, and (vi) that the resale restrictions on the securities to be issued pursuant to the Financi
--->ng will be as stated in this news release. No assurance can be given that any of the events anticipated by the forward
--->-looking statements will occur as planned or at all, or, if they do occur, what benefits the Company will obtain from 
--->them. These forward-looking statements reflect management's current views and are based on certain expectations, estim
--->ates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause the Company's ac
--->tual results to differ materially from those expressed or implied by the forward-looking statements, including: (1) th
--->at Huldra is unable to raise the funds necessary to complete the Financing, or that the Financing if completed, will n
--->ot be completed on terms favourable to the Company, (2) that the Exchange may not approve the closing of the Financing
--->, (3) that the resale restrictions on the securities, if any, issued pursuant to the Financing will be different than 
--->stated in this news release, and (4) other factors beyond the Company's control. Readers are cautioned that the forego
--->ing list of factors is not exhaustive. These and all subsequent written and oral forward-looking information are based
---> on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this 
--->notice. Except as required by law, the Company assumes no obligation to update forward-looking information should circ
--->umstances or management's estimates or opinions change.
Neither the 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.



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