Huldra Silver Receives First Tranche of DIP Financing, Seeks Strategic Advice

Vancouver-based Huldra Silver Inc., a silver mining company, has received the first tranche of a $4.8 million debtor-in-possession loan from its primary creditor, Waterton Global Value LP, managed by Canadian private equity firm Waterton Global Resource Management. Huldra also announced it has agreed to seek advice from Haywood Securities Inc. concerning its financial affairs and other matters. The company is currently under the protection of the Companies' Creditors Arrangement Act.

24 August 2013•8 mins read
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