Welcome to the Equinox Gold Hub On AGORACOM

Free
Message: Sedar Filings - Alot of new information - CMM

Just to be clear, it appears the bridge loan was for $300,000 PRIOR to the ore crusher failure, but it was then increased to $800,000 following that event. So, that does at least suggest that the ore crusher did have an impact.

Why was the initial $300,000 bridge loan needed? I have no idea.

---

"The parties entered into an amending agreement dated February 17, 2011 to amend such loan agreement to increase the amount of the loan thereunder by an additional US$500,000 and entered into an agreement on the date hereof to amend and restate such loan agreement (as amended and restated, the “First Bridge Loan Agreement”)"

Share
New Message
Please login to post a reply