Brief: Cliffside Capital Says Has Received Funding Facility Renewals From Two Of Its Existing Third-Party Lenders For Up To $85 Mln
26/10/2021 03:14
Oct 25 (Reuters) - Cliffside Capital Ltd CEP.V :
* HAS RECEIVED FUNDING FACILITY RENEWALS FROM TWO OF ITS
EXISTING
THIRD-PARTY LENDERS FOR UP TO $85 MILLION
* ENGAGED SERVICES OF INDEPENDENT TRADING GROUP TO PROVIDE
MARKET-MAKING SERVICES
* ITG WILL TRADE COMMON SHARES OF COMPANY ON TSX-V AND OTHER
TRADING VENUES WITH OBJECTIVE OF MAINTAINING A REASONABLE MARKET
* UNDER AGREEMENT, ITG WILL RECEIVE COMPENSATION OF $5,000
PER
MONTH, PAYABLE IN ADVANCE
* AGREEMENT WITH ITG IS FOR AN INITIAL TERM OF THREE MONTHS
AND
WILL RENEW FOR ADDITIONAL ONE-MONTH TERMS UNLESS TERMINATED
Source text for Eikon: ID:nCNWg2zrja
Further company coverage: CEP.V
((Reuters.Briefs@thomsonreuters.com;))
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