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Leviathan Natural Products Extends Maturity Date and Modifies Interest Payments of $7.5M Debt Facility


Toronto, Ontario (Newsfile Corp. - February 18, 2021) -
Leviathan Natural Products Inc . (CSE: EPIC) (the
Company or
Leviathan ) is pleased to announce that it has amended the terms of its $7.5M unsecured, term loan credit facility to extend the maturity date, reduce the frequency of interest payments, and to capitalize certain interest payments into the principal amount of the credit facility. Effective immediately, the maturity date of the credit facility has been extended to December 31, 2023 (from October 15, 2021); interest payments are now only be payable on December 31 of each year during the term (from once every four months); and the interest payments due August 31, 2020 and December 31, 2020 have been capitalized into the principal amount of the credit facility. The terms of the credit facility, as previously amended, were initially disclosed in the Company s news releases of October 31, 2019 and October 5, 2020, otherwise remain the same. ....

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