Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / closing-memo-post-closing-letter.docx
closing-memo-post-closing-letter.docx
Parties
HARKNESS LLP
Corporate Secretary Torchlight Mining Corp
Torchlight Mining Corp
Wolverine Lake Mining Ltd
Processing Inc
Kelvantis Capital Markets LLC
Halcyon Securities Inc
Pendleton Ross LLP
Dates
April 22, 2022
April 19, 2022
April 5, 2022
March 14, 2022
April 18, 2022
March 29, 2022
February 28, 2022
April 19, 2023
October 15, 2022
May 19, 2022
Amounts
$300,000,000
$140,000,000
$225,000,000
$295,500,000
$4,500,000
$6,750,000
$288,750,000
$5,000,000
$25,000,000
$1,350
Obligations
(c) Asset Sales — Any Asset Sale must be for at least fair market value, with at least 75% of the consideration received in the form of cash or Cash Equivalents
Net Proceeds from any Asset Sale must be applied within 365 days to (i) repay Notes or other Pari Passu Indebtedness, (ii) invest in Replacement Assets (as defined in the Indenture), or (iii) if not so applied, the Company must make an Asset Sale Offer to repurchase Notes at 100% of the principal amount thereof, plus accrued and unpaid interest to the date of repurchase