|
| Home : Bayfield Announces Completion of Pre-Conditions to Advances Under the Convertible Loan with New Gold |
|
Nov 19
2014 |
Bayfield Announces Completion of Pre-Conditions to Advances Under the Convertible Loan with New Gold |
|
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 18, 2014) - Bayfield Ventures Corp. (TSX VENTURE:BYV)(PINKSHEETS:BYVVF)(FRANKFURT:B4N) ("Bayfield" or "the Company") announced today that it has now satisfied all pre-conditions for advances under its previously announced secured convertible loan agreement (the "Convertible Loan") with New Gold Inc. ("New Gold") pursuant to which Bayfield can draw down up to a principal amount of $300,000 to pay certain transaction related expenses of the Company necessary for and related to the completion of an arrangement agreement dated November 10, 2014 between the Company and New Gold, as well as certain other ongoing business costs. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1969609&sourceType=3 |
| |
|
Related News
|
» Intertape Polymer Group Enters into New $300 Million Revolving Credit Facility under Favorable Terms
» Buffalo Storm Turns Deadly with 4 Fatalities
|
|
|
