We amended all of the existing Agreements removing minority interests and “Earn In” Agreements.All Exploration Properties are now 100% owned and controlled directly by Premier.Holders of existing PIK Notes totaling $2 million disposed of the same to an Investment Group. They will be converted into interest free and unsecured long term liabilities.
Holders of existing Convertible Loan Notes totaling $6 million disposed of the same to the same Investment Group. They will be converted into interest free and unsecured long term liabilities.
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