Hi guys, does this solve the Sandstorm loan facility thing...

Hi guys, does this solve the Sandstorm loan facility thing now?

http://hotcopper.com.au/announcements.asp?symid=1612

Mutiny Gold Ltd (“Mutiny” or the “Company”) advises that 22,160,046 new fully paid ordinary shares have been allotted
and issued to Sandstorm Gold Ltd in respect of a $1,912,412 (USD$2m) converting loan provided to the Company in
November 2012.
The Company has also allotted and issued 1,693,438 shares to Noah’s Rule, Mutiny’s Debt Advisors, as settlement of an
invoice for services provided in relation to a $3,870,718 (USD$4m) loan provided to Mutiny in May 2012 as an advance
payment against the Metals Purchase Agreement with Sandstorm Gold Ltd.


So this means MYG did draw from the MPA already?


OB holders need to watch out for the shares being printed. Convertible bonds changing to shares are equivalent to 5-8% extra dilution. The 1st one has been converted while the second one is pending. The more dilution, the harder it is for the SP to reach 14c. Be very careful.