Connected IO Limited announced that the Company has further extended its line of credit debt facility ("LOC") with Tyche Investments Pty Ltd. (Lender) as announced to ASX on 31 July 2020. Terms of the LOC as amended are summarised as follows: The extended maturity date of the LOC is 30 June 2021; The maximum amount available has been reduced from $500,000 to the current fully drawn down amount of $400,000; Interest of 5% is payable on funds drawn down and payable quarterly; Additional interest of 1% per month is payable on any amount that is outstanding beyond 90 days from the initial drawdown; The LOC may be secured; The LOC is repayable if CIO completes an equity raising, but is not repayable subsequent to the recently completed non-renounceable entitlement issue.