CLNMF News Alert Cline Mining Cp (CLNMF) 0.0012 02/14/2015 0

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Cline Mining Cp (CLNMF) 0.0012 $CLNMF

Cline Reorganization Plan Approved
Marketwired - Thu Feb 05, 9:22AM CST
Cline Mining Corporation ("Cline" or the "Company" announced that it has received approval of the proposed recapitalization plan announced on December 3, 2014, as amended (the "Recapitalization Plan" .

Cline Announces Recapitalization Transaction
Marketwired - Wed Dec 03, 11:50AM CST
Cline Mining Corporation ("Cline" or the "Company" announced today a proposed recapitalization transaction (the "Recapitalization" with the following key elements:

Cline Receives Extension of Forbearance Agreements
Marketwire - Tue Jul 15, 8:52AM CDT
Cline Mining Corporation ("Cline" or the "Company" announced today that it has received extensions of the forbearance agreements ("Forbearance Extensions" previously entered into with Computershare Trust Company of Canada, the trustee in respect of Cline's US$65.5 million 10% senior secured bonds and its CDN$12.3 million 10% senior secured convertible bonds. The Forbearance Extensions will remain in effect until the earlier of (i) August 29, 2014 and (ii) the occurrence of a Forbearance Termination Event (as such term is defined in the forbearance agreements).

Cline Receives Continued Forbearance Covering Payment Relating to Senior Secured Notes Maturity
Marketwire - Wed Jun 18, 1:23AM CDT
Cline Mining Corporation ("Cline" or the "Company" announced today that, due to continuing financial constraints and unfavorable market conditions, it has failed to make scheduled principal and interest payments due in respect of its US$65.5 million 10% senior secured bonds and its CDN$12.3 million 10% senior secured convertible bonds (collectively, the "Secured Notes" which matured on June 15, 2014. The Company has received notice from the holders of the Secured Notes of its agreement to treat the above-referenced payment defaults as part of the existing forbearance agreements which are set to expire on or before June 30, 2014 as the Company continues to assess financing options aimed at maximizing the long-term value of its assets.




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