Catalyst Copper Announces Receipt of $1.2 Million in Loans, Repayment of Convertible Notes, Stock Option Re-Pricing, and Adoption of Advance Notice Provisions
Catalyst Copper Corp. announces that it has entered into loan agreements with several private lenders, including an insider of the Company, the Radcliffe Foundation, for an aggregate amount of $1.2 Million bearing interest at a rate of 10% per annum, compounded monthly in arrears. The principal amount of the Loans is due and payable on December 31, 2014. The Company has executed a security agreement in favour of the Lenders granting a first security interest in all present and future undertaking and property of the Company to the Lenders.









