DHS Holding Co. (DHSM.PK) announced that, as of April 18, 2012, it. has secured financing from Clipper Explorations, Ltd.
In the first round of financing, Clipper Explorations has agreed to lend to DHS Holding $250,000.00 for the purpose of securing the 40-acre parcel of land now known as Cenote Falls.
The company said Emil Arguellas, attorney for DHS Holding, Co. in Belize, has been instructed by Charlie Barrett, President of DHS Holding, Co., to make the first payment in the amount of $150,000.00 in accordance with the terms and conditions set forth in the purchase agreement.
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