• Freitag, 22 November 2024
  • 19:41 Uhr Frankfurt
  • 18:41 Uhr London
  • 13:41 Uhr New York
  • 13:41 Uhr Toronto
  • 10:41 Uhr Vancouver
  • 05:41 Uhr Sydney

Northisle Negotiates Loan Agreement

14.03.2014  |  Marketwire

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 14, 2014) - Northisle Copper and Gold Inc. ("Northisle" or the "Company") (TSX VENTURE:NCX) announces that it has negotiated a loan agreement with certain insiders, pursuant to which $40,000 will be advanced to the Company, such advances to be considered secured loans accruing interest at a rate of 12% per annum to be calculated and paid semi-annually from the date of the advances.

As additional consideration for such advances, the Company has agreed to issue 160,000 "bonus shares" to the lenders pursuant to the provisions of the TSX Venture Exchange (the "Exchange") Policy 5.1, subject to the Company receiving acceptance from the Exchange.

About Northisle

Northisle is a Vancouver based junior resource company committed to the exploration and development of the North Island Copper-Gold Project on Northern Vancouver Island. The North Island Copper-Gold Project is situated approximately 15-40 kilometres southwest of Port Hardy and contains the Hushamu Deposit and five other partially explored copper-gold porphyry occurrences. The Company has a current resource estimate on the Hushamu Deposit which has been filed on Sedar. The project is 100% owned by Northisle.

For more information on Northisle and the Hushamu Deposit please visit the Company's website at www.northisle.ca.

On behalf of Northisle Copper and Gold Inc.

David M Douglas, CA, CFO and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This news release contains forward-looking statements. These forward-looking statements are based upon the reasonable beliefs of Northisle and its management as of the date of this news release; however, forward-looking statements involve risks and uncertainties and are based upon factors that may change and assumptions that may prove, with the passage of time, to be incorrect as a result of exploration and other risk factors associated with mineral exploration and development that are beyond the control of Northisle. Accordingly, undue reliance should not be placed upon such statements. If factors materially change or assumptions are materially incorrect, the actual results, performance or achievements of Northisle may be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Northisle does not undertake any obligation to update or revise any forward-looking statements to reflect new information, future events or otherwise, except as required by applicable law.



Contact

Northisle Copper and Gold Inc.
604.638.2515
604.669.2926
www.northisle.ca


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Northisle Copper and Gold Inc.
Bergbau
A1JMCQ
CA66644R1038
Copyright © Minenportal.de 2006-2024 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.