Business
Loans to Company
(via Thenewswire.ca) Vancouver, British Columbia / TheNewswire / March 30, 2016 - Batt...
About this update from Millennial Potash Corp
[{"type":"text","content":"Loans to Company(via Thenewswire.ca)\n \n \nVancouver, British Columbia / TheNewswire / March 30, 2016 - Battle Mountain Gold Inc. (the \"Company\") (TSX-V: BMG) advises that in March 2016 it borrowed a total of $40,000 on an unsecured basis from two individuals. One of the lenders, who advanced the amount of $20,000, is a senior officer and director of the Company. The other lender, who advanced the amount of $20,000, is a director of a member firm of the Exchange.\n\n\n \nThe loans bear simple interest at the rate of six percent and are repayable on demand, provided cash funds of $400,000 or more have been received by the Company from the proceeds of one or more equity issuances prior to the time of any demand for repayment by any lender. Proceeds of the loans were added to the Company's cash resources to meet operating costs.\n\n\n \nTo find out more about Battle Mountain Gold Inc. please visit our website at www.battlemtngold.com\n\n \n \nOn behalf of the Board of Directors of\nBATTLE MOUNTAIN GOLD INC.\n\n \n \n\"Chet Idziszek\"\n\n \n \nChet Idziszek, President\n\n\n \nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility of the adequacy or accuracy of this release.\n\n\n \nCautionary Statement\n\n\n \nThis document contains \"forward-looking statements\" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding future equity issuances and loan repayments and our other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our es...