Chieftain Metals Corp. as the borrower, had $24,754,165 of debt outstanding as at March 31, 2016 including accrued and unpaid interest and fees pursuant to its Loan Agreement of July 4, 2014 with an investment fund advised by West Face Capital Inc., as amended by an amending agreement dated March 31, 2015 and under a separate Demand Promissory Note, also provided by West Face, dated December 22, 2015. In addition
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