Indigo Exploration (TSE:IXI) has released an update.
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Indigo Exploration has secured $170,000 in loans to fund exploration on its Hot Property and for general working capital, offering lenders a 10% annual interest and 680,000 bonus shares. The loan agreements await TSX Venture Exchange approval and include participation from company directors, constituting a related party transaction.
For further insights into TSE:IXI stock, check out TipRanks’ Stock Analysis page.
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