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Vireo Growth ( (TSE:VREO) ) has provided an update.
Vireo Growth Inc. has entered into a Tenth Amendment to its Credit Agreement, securing a convertible note facility of up to $10 million, maturing in 2027 with a 12% interest rate. This facility allows conversion into subordinate voting shares at $0.625 per share, enhancing the company’s financial flexibility for strategic initiatives, including capital expenditure and working capital needs.
See more insights into VREO stock on TipRanks’ Stock Analysis page.