ATTENTION: Tyhee Investors, we'll wake you when we hear something...
posted on
Jul 19, 2014 10:42AM
In less than one month, i.e., before August 15, Tyhee will have signed off on financing its acquisitions of Sutter Mining with a rather unique way of doing it, fingers crossed. Using its Yellowknife project as a sort of collateral, Tyhee's investment money will be made available by what's called a Special Purpose Vehicle (SPV). That is what we're waiting for. The SPV will concretize the Sutter deal and pave the way for additional acquisitions of near-term or producing mines.
Don't snooze too long, we'll be waking you shortly.