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Home : Silver Bear Announces Closing of Second Tranche of Private Placement of Convertible Notes |
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Nov 11 2015 |
Silver Bear Announces Closing of Second Tranche of Private Placement of Convertible Notes |
TORONTO, ONTARIO--(Marketwired - Nov. 10, 2015) - Silver Bear Resources Inc. ("Silver Bear" or the "Company") (TSX:SBR) is pleased to announce that it has closed the second tranche of its previously announced private placement (the "Private Placement") of convertible promissory notes by issuing an unsecured convertible promissory note in the principal amount of C$5,610,000 (the "Inflection Convertible Note") to one of the Company's major shareholders, Inflection Management Corporation ("Inflection"). |
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Source:http://www.marketwired.com/mw/release.do?id=2072464&sourceType=3 |
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