Huldra Silver Obtains CCAA Protection, $4.8M in DIP Financing

Vancouver-based Huldra Silver Inc. (TSX VENTURE: HDA), a silver mining, exploration and development company, has obtained protection under the Companies' Creditors Arrangement Act (CCAA). While under CCAA protection, Huldra will continue to restructure its financial affairs and recommence operations at its mine and mill. The company's primary secured creditor, Waterton Global Value LP, managed by Toronto-based private equity firm Waterton Global Resource Management, will also extend up to $4.8 million in debtor-in-possession financing to Huldra.

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