(TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF)
Catch up on all the Nicola Mining news
(TSX.V: NIM) (FSE: HLIA) (OTCQB: HUSIF)
Catch up on all the Nicola Mining news
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Huldra Silver Inc. obtains first tranche of DIP Financing and agrees to engage Haywood Securities as strategic advisor
VANCOUVER, B.C., August 16, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that it has obtained a secured debtor-in-possession loan (the “DIP Loan“) from Waterton Global Value, L.P. (“Waterton“), the primary secured creditor of the Company, pursuant to a credit agreement dated August 15, 2013 (the “Credit Agreement“). The DIP Loan was authorized…
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Huldra Silver Inc. obtains CCAA protection and announces entry into term sheet for up to $4,800,000 of DIP Financing
VANCOUVER, B.C., July 26, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that, after careful consideration of all available alternatives, the Board of Directors of Huldra determined that it was in the best interests of all of its stakeholders to seek creditor protection under the Companies’ Creditors Arrangement Act (Canada) (“CCAA“), and has…
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Huldra Silver Inc. announces receipt of additional advance under Credit Facility and appointment of Interim CEO
VANCOUVER, B.C., July 8, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that it has received an additional advance of $500,000 under its debt facility with Waterton Global Value, L.P. (“Waterton“). The advance forms a further advance under and is subject to the terms of the Credit Agreement, as amended,…
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Huldra Silver Inc. announces completion of agreement to extend its Debt Facility
VANCOUVER, B.C., June 28, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that it has completed its agreement to extend its debt facility with Waterton Global Value, L.P.(“Waterton“). The Company and Waterton have agreed to eliminate all monthly payment obligations and delay the payment of all obligations under the Credit…
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Huldra Silver Inc. provides update on Milling and Mining operations
VANCOUVER, B.C., June 26, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that, as of June 25, 2013, it has commenced the process of putting its mine and mill on care and maintenance. The Company has suspended operations in order to minimize cash obligations. As announced in its June 24, 2013 news release,…
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Huldra Silver Inc. announces the close of the First Tranche of its previously announced financing and an agreement in principle to extend its Debt Facility
VANCOUVER, B.C., June 25, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce it has closed the first tranche of its previously announced non-brokered private placement and an agreement in principle to extend its debt facility with Waterton Global Value Fund, L.P. The Company has closed aggregate subscriptions of $1,433,650, consisting…
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Huldra Silver Inc. provides an update on Mill Efficiencies and Surface Exploration Plans
VANCOUVER, B.C., June 24, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to provide an update on mill operations and exploration plans. As part of an effort to reduce costs and increase efficiency, Huldra has temporarily suspended milling operations in Merritt, BC a few days prior to a planned maintenance procedure in…
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Huldra Silver Inc. announces amended Private Placement Terms
VANCOUVER, B.C. June 7, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) announces that it has revised the terms of the private placement financing (the “Offering“) it previously announced by News Release dated May 31, 2013. The revised terms of the Offering provide for the issuance of up to 8,000,000 units (each, a “NFT…
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Huldra Silver Inc. announces Private Placement
VANCOUVER, B.C. May 31, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to announce that it has arranged a non-brokered private placement financing (the “Offering“), consisting of the issuance of up to 3,300,000 units (each, a “NFT Unit“) at a price of $0.30 per NFT Unit for gross proceeds of up to…
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Huldra Silver Inc. provides an open letter to shareholders
VANCOUVER, B.C., May 27, 2013 – Huldra Silver Inc. (“Huldra” or the “Company“) is pleased to provide an open letter from the President and CEO to shareholders to outline the Company’s going-forward objectives, as well as highlight key milestones achieved over the past three years. The Company’s near-term mining objectives include: Produce a minimum of…
The information in these press releases is historical in nature, has not been updated, and is current only to the date indicated in the particular press release. This information may no longer be accurate and therefore you should not rely on the information contained in these press releases. To the extent permitted by law, Nicola Mining Inc. and its employees, agents and consultants exclude all liability for any loss or damage arising from the use of, or reliance on, any such information, whether or not caused by any negligent act or omission.