Brief: Auscann Enters New Loan Agreements With European Cannabis Corporation
25/10/2023 11:23
Oct 25 (Reuters) - Auscann Group Holdings Ltd AC8.AX :
* AUSCANN ENTERS NEW LOAN AGREEMENTS WITH EUROPEAN CANNABIS
CORPORATION
* ENTERED NEW SECURED LOAN AGREEMENT WITH ECC THAT
SUPERSEDES
PREVIOUS LOAN AGREEMENT
* NEW SECURED LOAN AGREEMENT INCLUDES SECURITY AS COLLATERAL
FOR
A$8.1 MILLION SECURED LOAN FACILITY
* SUBSCRIBED FOR A$1.3 MILLION OF CONVERTIBLE NOTES PURSUANT
TO A
NEW SECURED CONVERTIBLE NOTE DEED
Source text for Eikon: ID:nASX29YCpk
Further company coverage: AC8.AX
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