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Re: jsalway1 post# 4008

Thursday, 12/03/2009 6:46:27 PM

Thursday, December 03, 2009 6:46:27 PM

Post# of 45582
NBRI-North Bay CEO Perry Leopold explained, "We have chosen to pursue this type of funding because it will make a significant amount of cash available to us with the advantage of allowing us to decide when, and how much, we will draw from it. We will be in control of the draw down amounts and hope to be able to utilize it whenever the Company deems that such funds are needed.

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