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Three Valley Copper Corp ( (TSE:TVC) ) has provided an update.
Winchester Equity Corporation, a company listed on the TSX Venture Exchange, has announced a new secured convertible promissory note with Selma House LLC, a real estate investment and private credit company. The new agreement increases the loan facility to USD$2,000,000, replacing a previous USD$1,000,000 note, and is secured against Selma’s assets. Winchester Equity has the option to convert the loan into a 47.2% ownership stake in Selma, indicating a strategic move to strengthen its position in the real estate investment sector.
More about Three Valley Copper Corp
Average Trading Volume: 287,975
Technical Sentiment Signal: Hold
Current Market Cap: C$2.25M
For a thorough assessment of TVC stock, go to TipRanks’ Stock Analysis page.