Hanstone Gold Corp. (TSE:HANS) has released an update.
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Hanstone Gold Corp. is set to borrow up to $100,000 from an affiliate of one of its directors under a revised loan agreement, bringing the total loaned funds to $1,225,000. The loan, repayable by 2027 with a 15% annual interest, will support the company’s general corporate purposes. In exchange, Hanstone will issue up to 2,000,000 common share purchase warrants to the lender.
For further insights into TSE:HANS stock, check out TipRanks’ Stock Analysis page.