Replies to post #1636 on Fernhill Corporation (FERN)

[jedijazz]

"Fernhill Corporation Secures Financing."
Marketwire via CMTX - Thu May 23, 9:16AM CDT
Fernhill Corporation Inc. (the "Company") today announced that the Company has negotiated financial terms and conditions to secure a line of credit in the form of convertible debt from an investment group. The convertible note will have the option after one year, to exercise 'conversion rights' if the loaned amount is not paid on or before July 22, 2014.

The company will receive the monies no later than 60 days. The company's intent for securing non dilutive financing is essential to shareholder value and will enable property payments and work procedures to occur as planned.

The company's recent LOI agreement the "Silver Bell Mine Property" is located on the south shore of Horne Lake, approximately 15 kilometers northeast of Port Alberni, British Columbia

$FERN