The mining newspaper for Alaska and Canada's North
Dolly Varden Silver Corp. Sept. 20 said it has entered into an indicative non-binding term sheet for a senior secured loan with two significant shareholders, Hecla Canada Ltd. and Robert L. Gipson.
The loan will provide Dolly Varden C$1.5 million to be used for exploration of the Dolly Varden silver project in northwestern British Columbia and working capital purposes.
An additional C$500,000 may...
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