Declan announces that it has closed a debt financing of CDN$600,000 which will be expended on Declan's Nimini Hills (Sierra Leone) project and for general working capital purposes. Two insiders of the Company are participating in the Loan financing. The Loan is for a one year term and bears interest at 12% per annum. Declan is issuing an aggregate of 2,400,000 bonus shares to the lenders at a price of $0.05 as [...]
Declan announces that it has secured convertible debt financing of CDN$600,000 which will be expended on Declan's Nimini Hills project and for general working capital purposes. Two insiders of the Company are participating in the Loan financing. The Loan will be for a one year term and will bear interest at 12% per annum. The Loan is convertible into common shares of the Company at the option of the lenders at any time [...]
Declan Resources is pleased to announce that, subject to the approval of the TSX Venture Exchange, Jamie Newall has been appointed to the board of directors of the Company. Jamie Newall is Investments Director of Intrepid Financial an incubator of natural resource companies. Mr. Newall currently sits on the board of American Bonanza Gold Corp., Suparna Gold Corp., Opal Energy Corp. and eShippers Management Ltd., all TSX [...]
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