HEATHERDALE RESOURCES LTD. ("HTR")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debenture/s
BULLETIN DATE: December 30, 2014
TSX Venture Tier 1 Company
TSX Venture Exchange has consented to the amendment of the following convertible debenture:
Convertible Debenture $3,000,000
Original Conversion Price: Convertible into 15,000,000 shares at a conversion price of $0.20
Amended Conversion Price: N/A
Original Maturity Date: December 31, 2014
Amended Maturity Date: December 31, 2016
Original Interest Rate: 8% per annum, with up to 50% to be settled in common shares
Amended Interest Rate: 8% per annum to be settled in shares on a quarterly basis, subject to the prior approval of the Exchange
The convertible debenture was issued pursuant to a private placement which was originally accepted for filing by the Exchange effective December 24, 2012.
For further information, please refer to the Company's press release dated December 24, 2014.
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