Investegate |Kibo Energy PLC Announcements | Kibo Energy PLC: Funding Facility and Issue of Shares
Investegate announcements from Kibo Energy PLC, Funding Facility and Issue of Shares
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Investegate announcements from Kibo Energy PLC, Funding Facility and Issue of Shares
(2) Vancouver, British Columbia--(Newsfile Corp. - February 23, 2021) - Beedie Investments Limited (the "Beedie") has entered into an amended and restated convertible loan agreement dated February 6, 2021 (the "Loan Agreement") with Nova Royalty Corp. ("Nova") pursuant to which Beedie agreed to loan up to $28.5 million (the "Loan Facility") to Nova to fund acquisitions of new royalties and streams. The Amended and Restated Loan Agreement amends and restates the terms of the convertible loan agreement dated September 30, 2020 (the " Original Loan Agreement") between the Acquiror and Nova. The ...