Anfield Announces $250,000 Loan from 0914852 BC Ltd.
May 07 2014 - 3:30PM
Marketwired
Anfield Announces $250,000 Loan from 0914852 BC Ltd.
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 7, 2014) -
Anfield Nickel Corp. ("Anfield") (TSX-VENTURE:ANF) announces that
it has received a loan of Cdn $250,000 from 0914852 BC Ltd. 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 proportionally, on a pro-rata basis
with all outstanding loans owed by the Company, when any other
payment is made on such outstanding loans. 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.
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 Strang+ 604 646-1899+ 604 687-7041
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