Mr. Stephen Brown reports
TEVANO ANNOUNCES LOAN AGREEMENT
Tevano Systems Holdings Inc. has entered into a loan agreement with an arm's-length lender for an unsecured loan of $500,000 from the lender.
Pursuant to the loan agreement, the loan bears interest on the unpaid principal at a rate of 12 per cent per annum. The loan is due and payable on or before Feb. 25, 2027. The company may repay the loan on or before the maturity date. Should the company receive financing prior to the maturity date, the loan will become due and payable within five business days of the company receiving such financing.
The company intends to use the loan to pay for all fees necessary to resume trading, including accounting and legal fees, and for general working capital purposes.
Closing of the loan remains subject to acceptance by the Canadian Securities Exchange and is expected to occur on or about Feb. 27, 2026.
About Tevano Systems Holdings Inc.
The company is focused on developing cutting-edge technologies that address life challenges and promote sustainability within its continuing ventures. Tevano is committed to delivering high-quality, reliable solutions that meet the evolving needs of its clients worldwide.
We seek Safe Harbor.
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