Atna Closes Sale of Reward and Clover Properties
Post# of 297
Posted On: 11/29/2014 12:23:11 PM
Atna Closes Sale of Reward and Clover Properties
| 5:57 PM |
[PR Newswire] - GOLDEN, Colo., Nov. 26, 2014 /PRNewswire/ -- Atna Resources Ltd. ("Atna" or the "Company") (TSX:ATN / OTCQB:ATNAF) is pleased to announce that it has closed the sale of its Reward Gold Mine near Beatty, Nevada, and the Clover Gold-Exploration Property in Elko County, Nevada (collectively, the "Subject Properties"), by way of a US$10.0 million Share Purchase Agreement (the "Agreement") with Waterton Nevada Splitter, LLC ("Waterton Splitter"), a portfolio company of Waterton Precious Metals Fund II Cayman, LP ("Waterton"). Under the Agreement, Atna sold to Waterton Splitter all of the shares and interests in two subsidiaries holding the Subject Properties. Approximately US$5.0 million of the proceeds has been applied towards paying down principal and interest owed under the Company's senior secured credit facility with Waterton.
http://us.rd.yahoo.com/finance/news/rss/story...00411.html
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| 5:57 PM |
[PR Newswire] - GOLDEN, Colo., Nov. 26, 2014 /PRNewswire/ -- Atna Resources Ltd. ("Atna" or the "Company") (TSX:ATN / OTCQB:ATNAF) is pleased to announce that it has closed the sale of its Reward Gold Mine near Beatty, Nevada, and the Clover Gold-Exploration Property in Elko County, Nevada (collectively, the "Subject Properties"), by way of a US$10.0 million Share Purchase Agreement (the "Agreement") with Waterton Nevada Splitter, LLC ("Waterton Splitter"), a portfolio company of Waterton Precious Metals Fund II Cayman, LP ("Waterton"). Under the Agreement, Atna sold to Waterton Splitter all of the shares and interests in two subsidiaries holding the Subject Properties. Approximately US$5.0 million of the proceeds has been applied towards paying down principal and interest owed under the Company's senior secured credit facility with Waterton.
http://us.rd.yahoo.com/finance/news/rss/story...00411.html
~ This Week's OTC News In Review! ~
Covering the entire market and teaching traders! Visit here to learn technicals and fundamentals >>
http://www.stockgoodies.com/lessons.html
~ http://www.fallenheroesfund.org/ ~
St. Jude 2014 Drive has started >> http://tinyurl.com/St-Jude-2014
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