Plank Ventures Ltd. (TSE:PLNK) has released an update.
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Plank Ventures Ltd. has announced the extension and combination of loan maturities with Phoenix Ventures Inc. and Code Consulting Limited, pushing the due date to June 2025. This strategic move is aimed at consolidating their financial commitments and optimizing cash flow management. The company’s CEO, Laurie Baggio, who is affiliated with Phoenix Ventures, abstained from voting on this related party transaction.
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