Gaberlunzie - You are right. Gaberlunzie, [inspectorX, sclarda, victor(2009) and FastTrade do not read.]
I can assist you with the Sprott "Loan Facility" [why don't they just call it what it is - a LOAN. Anyway, the loan is for one year which I'm guessing you knew, and bears interest at 12% on the unpaid balance. The original loan was for $7.5 million. To get that loan we paid $50,000 in cash and another $750,000 in shares leaving us with a loan to repay of $6,750,000 [deduct only the $750,000 of stock. The $50,000 was an "inducement " [bribe] to make the loan.
The loan had a six month 'grace' period from the initial date of the loan and our first installment will be in mid to late May and each month thereafter until paid in full. Accrued interest is paid with each installment. The first 'tranche' was $1 million and a few weeks later the balance was paid. The total must be repaid by the anniversary of the loan.