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Rmr Science Technologies ( (TSE:TTGI) ) just unveiled an announcement.
Turnium Technology Group Inc. has announced the extension of promissory notes totaling $1,073,000 through new unsecured loan agreements, which have received conditional approval from the TSX Venture Exchange. The loans, bearing an interest rate of 1.33% per month, are set to mature on December 31, 2027, with the option for early repayment. As part of the loan agreement, Turnium will issue 9,500,000 nontransferable common share purchase warrants to lenders, subject to regulatory approval. This financial maneuver aims to strengthen Turnium’s financial position and enhance its market operations, with potential implications for stakeholders including a related party transaction involving insider participation.
More about Rmr Science Technologies
Turnium Technology Group Inc. (TTGI) is a global Technology-as-a-Service (TaaS) provider that acquires and integrates companies to enhance its service offerings. It operates through a global channel partner program, delivering solutions to customers worldwide.
Average Trading Volume: 135,587
Technical Sentiment Signal: Sell
Current Market Cap: C$15.13M
See more insights into TTGI stock on TipRanks’ Stock Analysis page.