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Impact Development Group Revises Loan Terms

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Impact Development Group Revises Loan Terms

Impact Development Group Inc (TSE:IMPT) has released an update.

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Impact Development Group Inc., a Panamanian affordable housing developer, has revised the terms of its loan agreement with DC Investment Fund, extending the maturity date to March 31, 2026, and setting the interest rate at 12% per annum. Additionally, as part of the loan amendment, the company has issued 92,025 common shares to DCIF.

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