Brief: MediaValet increases senior secured loan facility to $1.25 mln from $1 mln

MediaValet

07/10/2016 13:29

Oct 7 (Reuters) - Mediavalet Inc  MVP.V : 
    * MediaValet increases senior secured loan facility 
    * Has entered into a loan agreement with Mr. David MacLaren 
    * Agreement with respect to increasing its existing 
$1,000,000 loan facility, announced June 14, 2016, to $1,250,000 
    * Additional $250,000 of loan is repayable in full, 36 
months after initial advance, and bears interest at a rate of 
15% per annum 
 
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