Note. Further to TSX Bulletin 2015-0068 dated January 27, 2015, the Common Shares and Debentures (Symbols: SGR and SGR.DB) (together, the "Securities") of the Company will now be delisted at the close of business on Friday, March 27, 2015 - for failure to meet the continued listing requirements of TSX. The Securities will remain suspended from trading. About TMX Group (TSX:X)
but they can still be relisted if the company meet - the continued listing requirements of TSX, before March 27, 2015 -
Ex.... SGR yesterday got - San Gold Obtains Order Approving Additional DIP Loan T.SGR | 13 hours ago
/NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./
WINNIPEG, Feb. 24, 2015 /CNW/ -
San Gold Corporation (TSX: SGR) ("San Gold" or the "Company") announces that it has obtained an order approving, among other things, additional debtor-in-possession financing from B Asset Holdings LLC (the "Lender") in an amount up to US$3.5 million pursuant to a term sheet between the Company and the Lender dated February 18, 2015.
San Gold also announces that is has obtained a secured loan in the amount of US$1,956,691 from the Lender pursuant to the financing in accordance with the above noted order. The loan is evidenced by a secured demand promissory note (the "Note") issued to the Lender by San Gold.