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Dolly Varden Silver Announces New Short-Term Loan

Dolly Varden Silver Announces New Short-Term Loan Not For Distribution to U...

articleDolly Varden Silver CorporationJune 13, 20163/company/maxim6ixcom20s-org/news/dolly-varden-silver-announces-new-short-term-loan
Dolly Varden Silver Announces New Short-Term Loan

About this update from Dolly Varden Silver Corporation

[{"type":"text","content":"Dolly Varden Silver Announces New Short-Term Loan \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc !important;\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em !important;\n\t\t\t}\n\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t }\n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\n\n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\n\n\t\t\t H1.nr-head {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\n\t\t\t }\n\n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\n\t\t\t .nr-body a { font-size: 11pt !important;\n\t\t\t }\n\n\t\t\t TABLE { width: auto!important;\n\t\t\t }\n\n\t\t Dolly Varden Silver Announces New Short-Term Loan\n Not For Distribution to United States Newswire Services or For Dissemination in the United States.\n Vancouver, British Columbia (FSCwire) - Dolly Varden Silver Corporation (TSX.V: DV | U.S.: DOLLF) (the “Company” or “Dolly Varden”) announces that it has entered into definitive agreements for new senior secured term loans with three lenders, Sprott Resource Lending Partnership, an additional Sprott affiliate, and The K2 Principal Fund L.P. (collectively, the “New Lenders”).  These loans (collectively, the “New Loan”) will provide an aggregate of CDN$2,500,000 in funds to the Company.  Approximately $2,100,000 of the proceeds will be used immediately to repay the Company’s existing senior secured loan (the “Old Loan”) from Hecla Canada Ltd. and Robert L....

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