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CanXGold Mining Corp.

WKN: A3DUN9 / ISIN: CA13875F1018

Emperor terminates deal to acquire Golden Dawn deb

eröffnet am: 23.12.21 14:48 von: Flo1278
neuester Beitrag: 23.12.21 14:48 von: Flo1278
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23.12.21 14:48 #1  Flo1278
Emperor terminates deal to acquire Golden Dawn deb
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Emperor terminates­ deal to acquire Golden Dawn debt

2021-12-22­ 17:56 ET - News Release


Mr. Alex Horsley reports

EMPEROR METALS TERMINATES­ AGREEMENT FOR THE ASSIGNMENT­ TO EMPEROR METALS OF DEBT OWED AND SECURITY INTERESTS

Further to Emperor Metals Inc.'s announceme­nt on Dec. 1, 2021, whereby Emperor was to acquire all of the indebtedne­ss payable by Golden Dawn Minerals Inc. (GDM) to RIVI for loan advances from RIVI to GDM, plus accrued interest and other charges, the company has mutually agreed with RIVI Opportunit­y Fund LP, and its general partner, RIVI Capital LLC (collectiv­ely, RIVI), to terminate the assignment­ agreement among them in order for RIVI to accept an offer from Golden Dawn to enter into a new restructur­ing agreement with Golden Dawn for its repayment of the GDM indebtedne­ss.  

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