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Lophos Holdings Faces $2M Mortgage Default Challenge

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Lophos Holdings Faces $2M Mortgage Default Challenge

Lophos Holdings, Inc. (TSE:MESC) has released an update.

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Lophos Holdings Inc., a Canadian bioscience company, received a Notice of Sale Under Mortgage for failing to pay nearly $2 million on its Napanee, Ontario property. The company is exploring various financial options, including bridge financing and asset sales, to resolve the debt and maintain business continuity.

For further insights into TSE:MESC stock, check out TipRanks’ Stock Analysis page.

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