Anfield Announces $355,000 Loan From Lumina Capital Limited Partnership
06 3월 2014 - 6:30AM
Marketwired
Anfield Announces $355,000 Loan From Lumina Capital Limited
Partnership
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 5, 2014) -
Anfield Nickel Corp. ("Anfield") (TSX-VENTURE:ANF) hereby announces
that it has received a loan of Cdn $355,000 from Lumina Capital
Limited Partnership ("LCLP"). The loan accrues interest at a rate
of 12% per annum, and is compounded yearly and not in advance. The
loan is repayable on or before the earlier of June 30, 2014 or two
business days after the date on which the Company undertakes any
financing greater than $4,605,000, plus accrued interest on all
LCLP loans then outstanding, by way of private placement of shares.
The loan cannot be converted into, exchanged for or otherwise
modified to create any obligation on Anfield to issue, directly or
indirectly, any equity or voting securities of Anfield or any
subsidiary of Anfield, including with respect to the repayment of
either principal or interest accruing in respect of the loan. The
loan will be used for working capital and general corporate
purposes, and will assist Anfield to continue normal course
operations. As the loan is not convertible into equity or voting
securities of Anfield, there will be no effect on the percentage of
securities of Anfield held by LCLP as a result of the loan.
Anfield Nickel Corp.
David Strang
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
Anfield Nickel Corp.David Strang604-646-1899604-687-7041
Anfield Nickel Corp. (TSXV:ANF)
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Anfield Nickel Corp. (TSXV:ANF)
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