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The original Us$20 million of your Gold Loan might possibly be paid off inside 16 equivalent quarterly installment payments, on the earliest fees going on one year on the Issuance Time and then quarterly after that. A final All of us$5 million commission will be owed and you will payable towards the bottom of the 60-day term. The new Debentures was charged in the gold oz at the a great 15% dismiss to the put price of gold during the closure day. The brand new Debenture owner get the authority to discover payment inside the both dollars and/or same amount of refined silver. Plus the dismiss, the new Debentures tend to incur interest in the 8% per year payable quarterly inside the bucks.
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