Core Gold DMMIF

Improved access to capital?

[calculatedrisk3]

Here are the loan terms that Titan accepted to do the recent private placement of Core Gold shares.

Titan has entered into a secured debt facility with a group of sophisticated and professional investors (Loan Facility).   The Loan Facility makes available to Titan up to US$3,000,000 of financing and Titan has drawn down the full amount in order to purchase 9,151,363 common shares of Core Gold on a private placement basis at a price of C$0.44 per share (Core Private Placement) as previously announced on 12 March 2019.  The material terms of the Loan Facility are as follows: • Amount: US$3,000,000 • Interest: 15% interest per annum • Security: Vista Gold S.A.C. and Core Private Placement shares • Repayment: earlier of 21 days from completion of Titan Core Gold plan of arrangement or 6 months from the draw down date, extendable to 9 months at Titans election with a minimum repayment of 5 months interest payable if repaid prior to five months from the draw down date

Is that the kind of loan terms we can look forward to?  The access to capital that is being bragged about?  

You can not vote shares until you put your money up and have actual shares, people are pledging options, warrants and convertibles and Mark Bailey puts out a headline like they are common shares.  Fake News. 

I can probably buy shares on the open market cheaper than most of the warrants.

Regulators, pay special attention to the dates when monies were actually recieved for any of these options and warrants when the company sets a record date for the vote, would not want any cheating going on.

Core Gold is not properly informing its shareholder of operations of the company, last I heard we were in production?

As a long time shareholder, I want public updates on the share structure of the company especially with important matters that need to be voted on.

Mark Bailey, do your job you have a fiduciary responsibility.

Your Titan paper is no good to me.  I will vote no and enforce my rights and you can pay me in cash!