The TSX Venture Exchange has accepted for filing documentation in relation to the company's offering of a secured promissory note in the principal amount of $300,000. Maturing 12 months from issuance, the promissory note will carry an interest rate of 20 per cent per annum. Additionally, the exchange has accepted for filing the issuance of 600,000 common shares at a deemed price of 10 cents per common share as a loan bonus in connection with the promissory note.
For further details, refer to the company's news release dated Jan. 19, 2023.
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