Mr. Ahmad Yehya reports
NABATI GLOBAL FOODS ANNOUNCES LOAN AGREEMENT
Nabati Global Foods Inc. has entered into a secured loan agreement
with an arm's-length third party lender for a principal amount of $300,000. The loan bears
interest at the rate of 25 per cent per annum, which interest will be payable on the maturity date which is one
year from the date of issuance. The proceeds from the loan will be used by the company for general
working capital purposes.
About Nabati Foods Global Inc.
Nabati Foods Global is the owner of Nabati Foods Inc., a family-founded food
technology company offering whole, natural, plant-based, gluten and soy-free foods for health-conscious
consumers. Nabati Foods was founded in 2014 and has four signature product lines including dairy-free
cheesecakes, cheese alternatives, plant-based meats and a plant-based liquid egg alternative. Nabati
Foods products are distributed throughout Canada, the United States and internationally through e-commerce,
grocery, food-service and industrial channels.
We seek Safe Harbor.
© 2022 Canjex Publishing Ltd. All rights reserved.