Huldra Silver Inc. Announces Increase to Financing
12.02.2013 | Marketwire
NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN OR INTO THE UNITED STATESVANCOUVER, BRITISH COLUMBIA -- (Marketwire - Feb. 12, 2013) - Huldra Silver Inc. ("Huldra" or the "Company") (TSX VENTURE:HDA) today announces that, further to its press releases of January 29, 2013 and February 6, 2013, and due to investor demand it has revised the terms of the private placement financing of unsecured convertible debentures (the "Debentures") by increasing the principal amount to be issued to $10,000,000 from the previously announced $6,000,000. The principal amount of the Debentures will mature twelve (12) months after issuance (the "Maturity Date") and accrue interest at 16% per annum payable on the Maturity Date.
All other terms of the Debentures remain as provided for in the Company's press releases of January 29, 2013 and February 6, 2013.
None of the securities described herein have been or will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or pursuant to an applicable exemption from the registration requirements of the 1933 Act and applicable state securities laws.
About Huldra
Huldra is currently mining at its Treasure Mountain Project, located three hours east of Vancouver, BC, utilizing an offsite mill for processing mill feed at the Company's property outside of Merritt, BC.
On behalf of the Board of Directors of HULDRA SILVER INC.
Ryan Sharp, MBA
President, CEO & 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 release.
Contact
Huldra Silver Inc.
Ryan Sharp, MBA
President, CEO & Director
(604) 647-0142
ryan@huldrasilver.com
Huldra Silver Inc.
IR@huldrasilver.com
www.huldrasilver.com