TryHard (THH) and Summer Explorer have mutually agreed to terminate the standby equity purchase agreement entered into pursuant to which TryHard had the right, but not the obligation, to direct Summer Explorer, from time to time, to purchase up to $25M of the company’s Common Stock, through the delivery of a put notice. The termination was effective immediately with no outstanding obligations or advances under the facility. TryHard will continue to explore alternative financing options.
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