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| Home : Huldra Silver Announces Second Tranche of Convertible Debenture Financing |
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May 20
2015 |
Huldra Silver Announces Second Tranche of Convertible Debenture Financing |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - Huldra Silver Inc. (the "Company") (TSX VENTURE:HDA) announces that it plans to raise up to $250,000 under the second tranche (the "Second 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") (see the Company's news release dated November 24, 2014). The Company raised $7,000,882 pursuant to the first tranche of the Offering (the "First Tranche") which was completed in November, 2014. Each Warrant issued pursuant to the Second Tranche is exercisable into one Share at an exercise price of $0.075 per Share in the first 12 months after closing of the Second Tranche (the "Closing") and at $0.10 per Share for 36 months thereafter, subject to adjustment. |
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| Source:http://www.marketwired.com/mw/release.do?id=2021340&sourceType=3 |
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