Huldra Silver raises $7 mln in funding, implements CCAA restructuring

Huldra Silver Inc (TSX-V: HDA), a portfolio company of Canadian private equity firm Waterton Global Resource Management, has raised around $7 million of its previously announced secured convertible debenture financing. The debentures and security interest are subordinate to the company's obligations to Waterton. The company also implemented its Companies' Creditors Arrangement Act (CCAA) restructuring plan to settle approximately $21.6 million of debt. Based in Vancouver, Huldra is a silver mining company with projects in British Columbia.

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