Good Flour Corp (TSE:GFCO) has released an update.
The Good Flour Corp. has modified its loan agreement, allowing the company to borrow up to $500,000 for general corporate needs at a 10% interest rate, with a due date of September 8, 2024. In connection with the amended agreement, the lender will receive additional share purchase warrants, exercisable into common shares at $0.14 each until March 15, 2029.
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