Home : March 2015 : March 12, 2015 News : Newstrike Enters Into C$2,000,000 Loan Agreement |
Newstrike Enters Into C$2,000,000 Loan Agreement |
March 12, 2015
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 11, 2015) - Newstrike Capital Inc. (TSX VENTURE:NES) ("Newstrike" or the "Company") announces that it has entered into a loan agreement (the "Debenture") in the principal amount of up to C$2,000,000 (the "Principal Amount") with two shareholders of the Company, Zebra Holdings and Investments S.à.r.l. ("Zebra") and Lorito Holdings S.à.r.l. ("Lorito", collectively with Zebra, the "Lenders"). The Company intends to use the proceeds from the loan for general corporate purposes.
http://www.marketwired.com/mw/release.do?id=1999685&sourceType=3
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