via Google News - Atna Signs Prepaid Loan

Atna concludes a prepaid loan with Waterton. What a co-incidence that this follows on a loan from Sprott. The material documents are available on SEDAR.

This deal looks very similar in its legal obligations that GBN.V had with Waterton, now conferred on Procon. Clauses of ownership in the Atna deal are very much more complicated in comparison.

This deal follows on a prepaid loan with Sprott. Very likely Sprott as lender is looking to apply usurious interest rates on development loans. Or perhaps this might also mean that Sprott is looking to concatenate various companies into one, in light of the fact that competition is intensifying in the gold mining space, and he's taking advantage of gold miners that have painted themselves into a corner.

Waterton is very obviously a third party for Sprott. All of the company assets of Atna are redacted in the schedules at the end of the document.

http://www.abladvisor.com/news/3982/atna-resources-closes-new-22mm-credit-facility-with-waterman-fund

-F6