G2 Energy Corp. (TSE:GTOO) has released an update.
G2 Energy Corp. has renegotiated the terms of its secured convertible debenture with Cloudbreak Discovery, extending the maturity date by up to two years and altering the conversion terms, allowing the principal and accrued interest to be converted into company units. In addition, G2 Energy has secured a new loan agreement with Clarmond Wealth Limited to bolster its financial position.
For further insights into TSE:GTOO stock, check out TipRanks’ Stock Analysis page.