The TSX Venture Exchange has accepted for filing documentation in relation to the company's offering of secured promissory notes of an aggregate principal amount of $800,000. Maturing on Aug. 3, 2024, the promissory notes will carry an interest rate of 15 per cent per annum. Additionally, the exchange has accepted for filing the issuance of 1.6 million common shares at a deemed price of 10 cents per common share as a loan bonus in connection with the promissory notes.
For further details, refer to the company's news releases dated July 28, 2022, and Aug. 3, 2022.
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