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Yangaroo Inc. Restructures Loan Terms With Bank

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Yangaroo Inc. Restructures Loan Terms With Bank

Yangaroo (TSE:YOO) has released an update.

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Yangaroo Inc. has revised its loan terms with the National Bank of Canada, extending the term of its loan and amending certain financial covenants. This move, part of Yangaroo’s strategy to improve its financial position, also includes a waiver of interest payments by debenture holders while their subordination agreements are in effect.

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