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| Home : Huldra Silver Announces Draw Down of Third Tranche of Credit Facility |
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Jan 20
2012 |
Huldra Silver Announces Draw Down of Third Tranche of Credit Facility |
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 20, 2012) - Huldra Silver Inc. (TSX VENTURE:HDA) (the "Company" or "Huldra") announces that it has completed the draw down of the third tranche of the $10 million credit facility entered into with Waterton Global Value, L.P. on June 16, 2011, as disclosed in the Company's press release of June 17, 2011. The principal amount of the third tranche is $2.5 million. The Company has now drawn down a total of $7.5 million of the $10 million credit facility. The Company intends to use the proceeds of the third tranche for working capital and to advance its Treasure Mountain Property towards production. |
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| Source:http://www.marketwire.com/mw/release.do?id=1609318&sourceType=3 |
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