Tyhee Gold Corp. (TSX VENTURE:TDC) (the "Company" or "Tyhee") announces that the Maturity Date of the previously announced Note Purchase Agreement ("the Agreement") with RMB Australia Holdings Limited ("RMB Australia") (see Tyhee news releases dated February 14, August 21, and October 3, 2014) has been further extended to January 15, 2015. Under the terms of the Agreement, RMB Australia provided the Company with a US$5 million loan (the "RMB Note"), which was previously to mature on October 31, 2014 and bears interest at 2% per month.
This extension has been made in order to facilitate Tyhee's plans to raise the appropriate capital for the previously announced Implementation Agreement with RMB Australia and Sutter Gold Mining Inc. (TSX VENTURE:SGM)(OTCQX:SGMNF) ("Sutter")...
http://www.marketwired.com/press-release/tyhee-gold-rmb-extends-maturity-date-of-loan-to-january-2015-tsx-venture-tdc-1977978.htm
-- The 15th? Why not the end of the month? Perhaps, the mid-month date suggests that something is in the offing.
Still keeping the faith,
Old School