Oroco Amends Promissory Note Payment Terms
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 06/02/15 -- Oroco Resource Corp. (TSX VENTURE: OCO) ("Oroco" or "the Company") announces that it has agreed with Goldgroup Mining Inc. ("Goldgroup") to amend the payment terms for the $1,000,000 balance of principal remaining owing from the US$1,500,000 promissory note (the "Note") issued by Goldgroup pursuant to terms of the Cerro Prieto property sale (see the Company's news release dated September 3, 2013). Goldgroup has issued the Company two promissory notes in replacement of the Note. The first promissory note, in the principal amount of US$250,000, is payable on demand. The second promissory note, in the principal amount of US$750,000, is payable on September 15, 2015. Both notes bear 8% interest, payable monthly in arrears.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Oroco Resource Corp.
Mr. Craig Dalziel
President and CEO
604-688-6200
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 02.06.2015 - 05:10 Uhr
Sprache: Deutsch
News-ID 397380
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contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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