The mining newspaper for Alaska and Canada's North

Dolly Varden working to secure C$2M loan

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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