Business
EurOmax announces bridge loan financing and cancellation of private placement
/THIS NEWS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR DISTRIBUTION IN THE UNITED ST...
About this update from Euromax Resources Ltd.
[{"type":"text","content":"\n\n\n\n/THIS NEWS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR\nDISTRIBUTION IN THE UNITED STATES/\n\n\nVANCOUVER, June 2 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)\n("EurOmax") announces that it has entered into a bridge loan agreement with\nSilk Road Resources Ltd. ("Silk Road") for $250,000. The bridge loan from Silk\nRoad will used to repay an unsecured loan of $100,000 and for general\ncorporate purposes for the period until the Business Combination between Silk\nRoad and EurOmax is completed. Full details of the Combination Agreement and\nthe Arrangement are included in the Management Information Circulars of each\nof EurOmax and Silk Road which are being mailed to EurOmax and Silk Road\nshareholders, respectively, prior to their Annual and Special General Meetings\nto be held on June 25, 2009.\n\n\nEurOmax also announces that it has cancelled its $300,000 financing\nannounced on May 13, 2009.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this release.\n\nOn Behalf of the Board of Directors\n\n"John C. Menzies"\nChairman and CEO\n\n-------------------------------------------------------------------------\nEurOmax Resources Limited is listed on TSX Venture Exchange Symbol: EOX\n-------------------------------------------------------------------------\n\n\n","length":1474,"tagName":"div"}]