Plymouth Rock Technologies, Inc. (TSE:AETH) has released an update.
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Aether Global Innovations Corp., a leading drone management company, has secured a $30,000 loan with a 12% annual interest rate, maturing on June 30, 2024. The agreement includes an option to convert the loan into common shares at the minimum price allowed by CSE standards, along with a 50,000 common share bonus to the lender. This financial move aims to support Aether’s innovative UAV operations and services in drone management and autonomous technology.
For further insights into TSE:AETH stock, check out TipRanks’ Stock Analysis page.