The TSX Venture Exchange has accepted for filing a second amendment agreement dated March 7, 2025, between the company and Flow Capital Corp., whereby the company will advance an additional $1,675,000 (U.S.) to an aggregate principal amount of $6,175,000 (U.S.). The loan carries an interest rate of 14 per cent per annum and shall mature on April 30, 2028. Additionally, the exchange has accepted the issuance of 1,069,545 non-transferable bonus warrants at 55 U.S. cents and 1,692,308 non-transferable bonus warrants at 52 U.S. cents to the lender in connection with the loan.
For further details, please refer to the company's news release dated March 11, 2025.
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