FIRST AMENDMENT TO THE AMENDED AND RESTATED LOAN AGREEMENTLoan Agreement • January 24th, 2017 • Liberty Silver Corp • Metal mining • Ontario
WHEREAS the parties hereto have entered into a loan agreement dated and made effective as of November 14, 2013 and amended and restated effective October 15, 2014 (the “Loan Agreement”);
NOTICELiberty Silver Corp • January 24th, 2017 • Metal mining
This notice shall serve as a written notice of Borrower’s election to convert the loan comprised of Second Advances totaling in the aggregate US$1,400,000 and any accrued and unpaid interest calculated at rates provided for in the Loan Agreement (the “Indebtedness”) into the Common Shares of the Borrower at a conversion price of US$0.1875 per Common Share pursuant to Sections 6.1 of the Loan Agreement.
