Good Flour Corp (TSE:GFCO) has released an update.
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Good Flour Corp. has secured a loan agreement allowing for up to $250,000 in funds, intended for general corporate needs and working capital. These unsecured loans carry a 10% annual interest rate with a six-month maturity. Additionally, the lender will receive share purchase warrants exercisable for five years, further enhancing the company’s financing strategy.
For further insights into TSE:GFCO stock, check out TipRanks’ Stock Analysis page.