# Silver Predator Receives US$275,000 Loan

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/silver-predator-receives-us-275-000-loan--07dad954-e27b-4497-a9ff-28a02ffb0cbc

Original source: https://money.tmx.com/en/quote/SPD/news/67026310/silver-predator-receives-us-275-000-loan

Publisher: tmx

Original announcement: 2015-08-31T17:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Silver Predator Corp.

- Ticker: SPD

- Exchange: TSX

- Region: Unavailable

- Primary commodity: Unavailable

- Secondary commodities: None reported

- Document categories: Resource update, Capital raise, Other

- Extracted: 2026-09-19 05:11:09 UTC

Narrative sentiment: 0.00 · Neutral

## Minestarters Atlas summary

Silver Predator Corp. has arranged a US$275,000 loan from its majority shareholder, Resource Re Ltd., to fund working capital requirements. The loan carries a 12% annual interest rate and is due on December 31, 2015.

Reasoning: The company secured a small US$275,000 loan to fund working capital, but the transaction is a related-party loan from its majority shareholder at a 12% interest rate.

- Positive factor: Secured working capital via loan

- Positive factor: Prepayment option without penalty

- Negative factor: Related party transaction \(71.65% owner\)

- Negative factor: High interest rate \(12%\)

- Negative factor: Short maturity \(Dec 31, 2015\)

Facts used in scoring: 3

## Classification and evidence

**related\_party\_transaction**

Polarity: negative

Story-specific tag

Definition: No canonical definition is currently available.

Why it applies: The loan is from Resource Re Ltd., which owns 71.65% of the Company's outstanding common shares.

Evidence · text

> Resource Re Ltd., a wholly owned subsidiary of Till Capital Ltd. \(TSXV:TIL\), owns 71.65% of the Company’s outstanding common shares. The loan is a related party transaction

## Extracted facts

Stored fact records: 2. Some facts used in scoring do not have a stored record.

## Resource Estimates (2)

### indicated

[Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-receives-us-275-000-loan--07dad954-e27b-4497-a9ff-28a02ffb0cbc#fact-resource-facts-1)

Springer Tungsten Mine and Mill Complex · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Springer Tungsten Mine and Mill Complex
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SPD

#### Resource scope

- Estimate type: resource
- Resource group id: resource:31c6d75e6678b006a1a3

#### Resource Data

- Category: indicated
- Tonnes: 355000
- Grade: 0.537
- Grade Unit: %
- Contained Metal: 190635
- Contained Unit: stu's of wo 3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-12-31T00:00:00.000Z

#### Dates

- Event date: 2015-08-31T00:00:00.000Z

Reasoning: The document restates historical resource data from a 2013 PEA for the Springer Tungsten Mine.

Evidence · text

> Springer Tungsten Mine and Mill Complex where the current PEA states a mineral resource estimate of 355,000 Indicated tons at an average grade of 0.537% containing 190,635 STU's of WO 3

#### Tags used in scoring

**Indicated Resource**

Polarity: positive

Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: category is "indicated"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

### inferred

[Link to this fact](https://atlas-extractions.minestarters.com/news/silver-predator-receives-us-275-000-loan--07dad954-e27b-4497-a9ff-28a02ffb0cbc#fact-resource-facts-2)

Springer Tungsten Mine and Mill Complex · tungsten

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Springer Tungsten Mine and Mill Complex
- Commodity: tungsten
- Region: usa\_nv
- Reported Region: Nevada
- Ticker: SPD

#### Resource scope

- Estimate type: resource
- Resource group id: resource:6cf0a5af4433e6367519

#### Resource Data

- Category: inferred
- Tonnes: 1933600
- Grade: 0.493
- Grade Unit: %
- Contained Metal: 952326
- Contained Unit: stu's of wo 3

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2013-12-31T00:00:00.000Z

#### Dates

- Event date: 2015-08-31T00:00:00.000Z

Reasoning: The document restates historical resource data from a 2013 PEA for the Springer Tungsten Mine.

Evidence · text

> 1,933,600 Inferred tons at an average grade of 0.493% containing 952,326 STU's of WO 3

#### Tags used in scoring

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: the release names the study this estimate supports

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.
