Welcome to the Crystallex HUB on AGORACOM

Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: Re: Many Questions and Few Answers

Prezone,

If you read the Credit Agreement you will learn that it provides for the Tenors' NAP share to be deposited in an Escrow Account for its sole benefit, from which they can withdraw an annual amount that will not exceed a 59.9% return on the DIP Loan plus interest owned. Once the money is in that account, it is Tenor's and they can take as many years as the need to to prevent breaching Section 347 of the Criminal Code - Criminal Interest Rate.

You need to do your reasearch. In this case, what you do not know can and will hurt you.

 

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