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An announcement from Minerva Intelligence ( (TSE:AISX) ) is now available.
AISIX Solutions Inc. has extended its short-term loan agreement with 1821 Capital Corp. for an additional six months, maintaining a 10% annual interest rate. The extension, which involves a cash fee of $21,500, is considered a related party transaction due to the involvement of Mihalis Belantis, a director and CEO of AISIX, who is also the principal of the lender. This move allows AISIX to expedite its business operations while adhering to regulatory exemptions.
More about Minerva Intelligence
AISIX Solutions Inc. is a provider of wildfire risk and data-analytics solutions, leveraging data analytics and risk assessment to offer predictive and defensible assessments. The company aims to help businesses and communities protect their property, assets, and infrastructure from wildfire-related risks, fostering resilience and sustainability in the face of climate change.
Average Trading Volume: 521,883
Technical Sentiment Signal: Sell
Current Market Cap: C$3.81M
Learn more about AISX stock on TipRanks’ Stock Analysis page.