back to homepage

Tag "huldra-silver-inc"

Huldra Silver Inc. Announces Closing of $7 Million Financing and CCAA Restructuring 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 11/24/14 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) is pleased to announce that it has completed the first tranche of it previously announced secured convertible debenture financing and raised gross proceeds of $7,000,882 (the "First Tranche"). Concurrently with closing of the First Tranche ("Closing"), the Company implemented the previously announced restructuring of its debts and

Read More

Huldra Creditors Approve Restructuring Plan and Huldra Provides Corporate Update 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/24/14 — Huldra Silver Inc. (TSX VENTURE: HDA) ("Huldra" or the "Company") is pleased to announce that its creditors approved the Plan of Compromise and Arrangement (the "Plan") that was presented to the creditors of the Company at the creditors– meetings held on September 23, 2014 (the "Meetings"). The Plan was approved by 100% of the secured and unsecured creditors who voted in person or by proxy at t

Read More

Huldra Silver Provides Update on CCAA Proceedings and Restructuring Plan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/19/14 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) reminds its creditors under the Company–s proceedings and restructuring under the Companies– Creditors Arrangement Act (Canada) ("CCAA") that meetings of the creditors will be held on September 23, 2014 at Suite 900 – 885 West Georgia Street, Vancouver, British Columbia at 2:00 p.m. (Vancouver time). A copy of the Plan of Compromise and A

Read More

Huldra Obtains First Tranche of Dip Financing and Agrees to Engage Haywood Securities as Strategic Advisor 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 08/16/13 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) 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 by an initial order (the "Order&qu

Read More

Huldra Silver Obtains CCAA Protection and Announces Entry Into Term Sheet for Up to $4,800,000 of Dip Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/26/13 — Huldra Silver Inc. ("Huldra" or the "Company")(TSX VENTURE: HDA) 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 obtained such protection pursuant to an Order from the Suprem

Read More

Huldra Silver Announces Receipt of Additional Advance Under Credit Facility and Appointment of Interim CEO 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/09/13 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) 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, entered into with Waterton on June 16, 2011, bears interest at 5% per annum, calculated

Read More

Huldra Silver Provides Update on Milling and Mining Operations 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/26/13 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) 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, the Company had already temporarily suspended milling operations a few days prior to a planned maintenance p

Read More

Huldra Silver Announces the Close of the First Tranche of Its Previously Announced Financing and an Agreement in Principle to Extend Its Debt Facility 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/25/13 — Huldra Silver Inc. (TSX VENTURE: HDA) ("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 of 3,822,200 units (each, a "Unit") at a price of $0.25 per

Read More

Huldra Silver Provides an Update on Mill Efficiencies and Surface Exploration Plans 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/24/13 — Huldra Silver Inc. (TSX VENTURE: HDA) ("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 order to install previously purchased rubber ball mill liners that will significantly increase

Read More

Huldra Silver Provides an Open Letter to Shareholders 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/27/13 — Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE: HDA) 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:Three years ago the Company commenced an exploration and development program with the objective of

Read More