Huldra Silver Inc. announces closing of $7 million financing and ccaa restructuring

TSX.V: HDA NEWS RELEASE VANCOUVER, B.C., November 24, 2014 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that it has completed the first tranche of it previously announced secured convertible debenture financing and raised gross proceeds of $7,000,882 (the “First Tranche”). Concurrently with closing of the First Tranche (“Closing”), the Company implemented the previously announced restructuring of its debts and obligations (the “Restructuring”) under the Company’s Plan of Compromise and Arrangement dated August 8, 2014 (the “Plan”). The Plan was prepared by the Company in connection with its proceedings (the “CCAA Proceedings”) under the Companies’ Creditors Arrangement Act (Canada) (the “CCAA”), and was approved by the creditors of the Company on September 23, 2014 and sanctioned by the Supreme Court of British Columbia (the “Court”) on October 10, 2014. The monitor in the CCAA Proceedings filed the certificate of Plan implementation with the Court on November 21, 2014 (the “Plan Implementation Date”). Private Placement of $7,000,882 of Secured Convertible Debentures The Company has closed the First Tranche of its previously announced offering of secured convertible debentures (each, a “Debenture”) in the aggregate principal amount of up to $8 million and 5,000 non-transferrable common share purchase warrants (each, a “Warrant”) for every $1,000 of principal of the Debentures (collectively, the “Offering”). Pursuant to the First Tranche, the Company issued Debentures in the aggregate principal amount of $7,000,882 (the “Principal Amount”) and 35,004,410 Warrants. Each Warrant is exercisable into one common share of the Company (each, a “Share”) at an exercise price of $0.075 per Share in the first 12 months after Closing and at $0.10 per...

Huldra Silver Inc. announces new board member Doug F. Robinson QC.

TSX.V: HDA NEWS RELEASE VANCOUVER, B.C., November 19, 2014 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that Doug F. Robinson will join its Board of Directors effective immediately. Mr. Robinson has been a member of the B.C. Bar since 1973. He has served as a Director of the Law Institute of B.C., founding director of the B.C. Mediation Society, and the founding Chair of The Canadian Forum of Civil Justice. Mr. Robinson has served his profession as an executive member and President of the Canadian Bar, B.C. branch and his University as President of the UBC Alumni Association. Mr. Robinson has litigated and lectured on legal issues globally and in public practice is recognized by LEXPERT as one of the leaders in construction and product liability litigation. Since retiring as a senior partner at Lawson Lundell his focus of expertise has been on mediating corporate disputes and advising high net worth families on a variety of issues. Mr. Robinson graduated from the University of British Columbia with combined Bachelor of Commerce and LL.B degrees and was trained as a mediator at Simon Fraser University and Harvard Law School. He serves on the board of directors for several privately held companies. Peter Espig, Chief Executive Officer, commented, “We are very pleased to add a person of Mr. Robinson’s credentials and experience to the Huldra team.” On behalf of the Board of Directors Peter Espig CEO & Director For additional information Contact: (604) 647-0142 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture...