Radient Amends Loan Facility as Part of Restructuring Plan
Radient Amends Loan Facility as Part of Restructuring Plan
Edmonton, Alberta--(Newsfile Corp. - April 4, 2022) - Radient Technologies Inc. (TSXV: RTI) ("Radient" or the "Company"), a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products, announces the Company has amended the terms of an existing $8.5 million secured loan facility with Moskowitz Capital Mortgage Fund II Inc., an arm's length party ("Moskowitz").
艾伯塔省埃德蒙顿-(Newsfile Corp.-2022年4月4日)-Radient Technologies Inc. (TSXV：RTI)(“Radient”或“公司”)是一家生产多种、新颖和高质量大麻提取物和包装产品的商业制造商，该公司宣布，公司已经修改了与莫斯科维茨资本抵押基金II公司(Moskowitz Capital Mortgage Fund II Inc.)现有的850万美元担保贷款安排的条款。
The interest rate has been reduced to the greater of 9.99% or the Bank of Nova Scotia prime rate plus 7.54% per annum, revised downward from the greater of 15% or the Bank of Nova Scotia prime rate plus 12.55% per annum. The maturity date has been extended by one year to November 1, 2022 and the principal amount has been increased to approximately $9.93 million. The loan facility continues to be secured by a first priority mortgage on the land and buildings located at 4035, 4029, and 4025 101 St. N.W., Edmonton, Alberta.
利率已从15厘或丰业银行最优惠利率加12.55厘下调至9.99厘或丰业银行最优惠利率加7.54厘两者中较大者。到期日延长一年至2022年11月1日，本金金额增加至约993万美元。贷款安排继续由位于艾伯塔省埃德蒙顿4035,4029和4025 101 St.N.W.的土地和建筑的优先抵押担保。
In connection with the amendment, Radient has agreed to pay Moskowitz $99,929 as a renewal fee in three equal installments and to issue a loan bonus to Moskowitz of 10 million non-transferable common share purchase warrants, each entitling Moskowitz to purchase one common share of Radient at an exercise price of $0.085 for one year following the date of issuance. No finder's fees are payable in connection with the amendment. All securities issued in connection with the amendment will be subject to a statutory hold period expiring four months and one day following the issuance date of the warrants. The issuance of the warrants is subject to the approval of the TSX Venture Exchange.
关于这项修订，Radient已同意分三次等额向Moskowitz支付99,929美元作为续期费，并向Moskowitz发放1,000万股不可转让普通股认购权证的贷款红利，每份认股权证使Moskowitz有权以0.085美元的行使价购买Radient的一股普通股，发行日起一年内。不需要支付与修正案相关的发现者费用。所有与修订相关而发行的证券将受法定持有期的规限，持有期由权证发行日期起计四个月零一天届满。认股权证的发行有待多伦多证券交易所创业板交易所的批准。
About Radient
Radient is a commercial manufacturer of diverse, novel, and high-quality cannabis extracts and packaged products. Radient develops specialty products and ingredients that contain a broad range of cannabinoid and terpene profiles while meeting the highest standards of quality and safety. Radient is focused on innovation with expertise in formulations and technologies offering unique solutions in the cannabis and wellness space. RadientInc.com
关于渐变
Radient是一家商业制造商，生产多种、新颖和高质量的大麻提取物和包装产品。Radient开发的特种产品和成分含有广泛的大麻素和萜类物质，同时满足最高的质量和安全标准。Radient专注于创新，拥有配方和技术方面的专业知识，在大麻和健康领域提供独特的解决方案。RadientInc.com
Contact Information:
Harry Kaura, CEO & Director
ir@radientinc.com
Ph: 780 465 1318
联系方式：
董事首席执行官哈里·考拉
邮箱：ir@Radientinc.com
电话：780 465 1318
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
多伦多证券交易所创业板交易所及其监管服务提供商(该术语在多伦多证券交易所创业板交易所的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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