Harvest Technology Group Ltd. (AU:HTG) has released an update.
Harvest Technology Group Ltd. has secured a total of $150,000 in unsecured, short-term loans from two directors, Mr. Ilario Faenza and Mr. Marcus Machin, to bolster working capital. The loans carry a 15% annual interest rate with no option to convert into company shares. The company aims to propose at the upcoming AGM the conversion of these loans into Convertible Notes on the same terms as other investors.
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