Under the Loan Agreement, Cyan Stone has agreed to advance up to
Settlement of Auctus Acquisition
Working Capital, including funds to bring
TOTAL
The Loan Agreement is being provided on an unsecured basis over a three-year term at an interest rate of 6% pa. The material terms and conditions governing the Loan Agreement is summarised in the Appendix.
This new loan is in addition to an existing loan of
Announcing the major shareholder funding support package, Managing Director,
Update on lodgement of CSD Accounts
The company is working with Auditors KPMG to complete and lodge the company's
Contact:
Tel: +61 (0) 7 4032 3319
Forward looking statements
The forward-looking statements in this announcement are based on the Company's current expectations about future events. However, they are subject to known and unknown risks, uncertainties and assumptions, many of which are outside the control of the Company and the Directors, which could cause actual results, performance or achievements to differ materially from future results, performance or achievements expressed or implied by the forward-looking statements in this Announcement. Forward looking statements include those containing words such as 'anticipate', 'estimates', 'should', 'will', 'expects', 'plans' or similar expressions.
(C) 2021 Electronic News Publishing, source