AC8 auscann group holdings ltd
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News: AC8 Auscann Enters New Loan Agreements With European Cannabis Corporation

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    25/10/23
    21:25
    Post #: 70539553

    Oct 25 (Reuters) - Auscann Group Holdings Ltd (AC8) :

    • 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
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