via PEHub.com - Waterton Fund II

Is Waterton's Fund II really Trancheco? And is Sprott really 'private equity looking to invest?' Waterton was initially involved in 'lending' to Golden Band, before the financing was conferred on PROCON, who now has the change-in-control put. Fund II would have the proceeds of the asset-based financing plus more money on the books from other sources.

Its only the date of the announcement that is very auspicious.

https://www.pehub.com/canada/2016/6/waterton-raises-725-mln-for-third-parallel/

-F6