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Harte Gold gets waivers, deferrals for credit facility until July 30
Chicago, June 30 – Harte Gold Corp. announced that BNP Paribas has deferred various payments and waived compliance with the financial covenants under its senior credit facility agreement until July 30, according to a press release.
BNP has allowed Harte Gold to defer the principal and interest payments that were scheduled for June 30 and the settlement payment under the hedge program originally scheduled for July 2.
Additionally, the bank has granted a waiver for the company’s compliance with the financial covenants under the credit facility until July 30.
The strategic review process is continuing.
Harte Gold is a gold exploration company based in Toronto.
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