Odin is pleased to announce that it has borrowed an aggregate principal of $330,000 from seven lenders. The Loans bear interest at 4% until February 28, 2014 and then at 12% thereafter but interest and principal are not payable until June 30, 2014. As partial consideration for the Loans and in accordance with the policies of the TSX Venture [...]
We refer to our last letter to Odin shareholders of June 13, 2013. It stated, that our expectation was that we would update you with fresh news within the following 30 days. We apologize that was not the case. We had expected useful additional data earlier than this date. However, since June 13, we have taken feedback informally from [...]
Many of our shareholders have been concerned with the possible effect on our company of the above. Clearly on the face of it, the Kinross announcement does not bode well for international mining companies in the exploration or exploitation of mineral discoveries and extraction in Ecuador. However, it is our view that it is most prudent for our [...]
Odin announces that the Board of Directors have approved the adoption of an advance notice policy, for the purpose of providing shareholders, directors and management of Odin with a clear framework for nominating directors. The Policy is meant to: facilitate an orderly and efficient annual general or, where the need arises, special meeting [...]
