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Decibel Cannabis Replaces ATB Credit Line with $30 Million First Calgary Facility – New Cannabis Ventures

December 30, 2020 at 8:44 am Published by NCV Newswire Decibel Announces Non-Dilutive $30 Million Debt Financing from Connect First Credit Union CALGARY, AB, Dec. 30, 2020 /PRNewswire/ – Decibel Cannabis Company Inc. (the “Company” or “Decibel”) (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (“First Calgary”) in respect of $30 million of debt capital (the “Committed Amount”)....
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Decibel Announces Non-Dilutive $30 Million Debt Financing from Connect First Credit Union

Share this article Share this article CALGARY, AB, Dec. 30, 2020 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSXV: DB) (OTCQB: DBCCF), is pleased to announce that it has entered into a commitment letter with Connect First Credit Union Ltd. (" First Calgary") in respect of $30 million of debt capital (the " Committed Amount"). The Committed Amount is comprised of $28.5 million of term debt (the " Term Debt") and a $1.5 million authorized overdraft against governm...
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