13. 13
Cash Position and Working Capital (Dec 31, 2013)
• Cash Position: USD$27.6 Million
• Working Capital USD$15.3 Million
On February 27th, Crocodile Gold has raised CAD$18 million through a private placement
financing not reflected in these figures. Net proceeds will be $17.3 million.
Debt—Convertible Debenture
• Crocodile Gold issued a C$34.5 Million convertible debenture due on April 30, 2018,
with an 8% coupon and $0.25 conversion price.
• The first interest payment on the debenture was due and paid in cash on October 30,
2013.
Debt—Credit Suisse Credit Facility
• Crocodile Gold has paid out the remaining balance of the Credit Suisse credit facility
and has no further secured debt.