nited Silver announced today that it has signed a term sheet with Hale Capital Partners LP with respect to issuing USD$6,000,000 in secured convertible notes. The notes would be secured by all of the assets of the Company and interest will accrue on the principal amount of the loan at a rate of the Wall Street Journal prime rate plus 5% per annum [...]
United Silver Corp. announced today that the Company has decided that it will not be proceeding with its "marketed" offering of units of the Company, which was announced on September 1, 2011. Volatile capital markets made the offering pricing and terms less attractive than originally contemplated.
United Silver announces the resignation of Mr. Charles Pitcher from the Board of Directors. Mr. Pitcher will stay on as a mining consultant to the Company for the next year on an as needed basis. The Company and its directors wish to thank Mr. Pitcher for his valuable contributions over his tenure both as director and past CEO and look forward to [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 11/04/11 -- United Silver Corp. (the 'Company' or 'USC') (TSX: USC)(OTCQX: USCZF)(FRANKFURT: UM8) announces the resignation of Mr. Charles Pitcher from the Board of Directors. Mr. Pitcher will stay on as a mining consultant to the Company for the next year on an as needed basis. The Company and its
nited Silver announced today that a director of the Company, Mr. Wade Black, has tendered his resignation as a director of the Company. In connection with the resignation, the Company has repaid approximately US$660,000 in respect of loans made by Mr. Black and certain others to the Company in June and July 2011. The Company also agreed to issue to [...]
United Silver advises that, as a result of a review by the British Columbia Securities Commission, it has removed from its website investor presentations dated August 22, 2011 and September 2011. After a review of the comments received from the BCSC, management of the Company agreed that certain disclosures included in the Investor Presentations [...]
United Silver announced today that it has filed a preliminary short form prospectus in connection with a "marketed" offering of units of the Company to raise gross proceeds of up to $6,000,000. The Offering will be made through Union Securities Ltd. on an agency basis. Each Unit shall be comprised of one common share and one common share purchase [...]
