Brief: High Tide Inc Secures Non-Dilutive Credit Facility With Atb Financial

High Tide

18/10/2021 11:14

Oct 18 (Reuters) - High Tide Inc  HITI.V :
    * HIGH TIDE SECURES NON-DILUTIVE CREDIT FACILITY WITH ATB
FINANCIAL
    * HIGH TIDE INC -  ENTERED INTO A CREDIT AGREEMENT TO
ESTABLISH A
REVOLVING CREDIT FACILITY WITH ATB FINANCIAL OF UP TO $25
MILLION
    * HIGH TIDE INC - FACILITY HAS AN INITIAL TERM OF THREE
YEARS
    * HIGH TIDE INC - PROCEEDS FROM FACILITY ARE EXPECTED TO BE
USED
TO FINANCE ACQUISITIONS AS WELL AS WORKING CAPITAL AND FOR
GENERAL CORPORATE PURPOSES

Source text for Eikon:  ID:nCNWhl359a 
Further company coverage:  HITI.V 

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