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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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Seafield Resources Ltd V.SFF

Metals & Mining Industrial Metals & Minerals


TSXV:SFF - Post by User

Seafield Resources Ltd > NEWS
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Comment by sgandzaon Feb 21, 2013 9:23am
265 Views
Post# 21021548

RE: RE: RE: NEWS

RE: RE: RE: NEWS

The didn't raise money for the price of 33mil warrant - they borrowed money that they must pay back.

What I don't understand is why the warrant issue on top of the money to be paid back? - if the exercise the warrants is the debt considered paid? or is this just bonus cash for the creditor?

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