MPX International Announces Additional Draw Down of Short-Term Bridge Loan Financing, Extension of Maturity Date of Debentures Until Calendar Year End 2023 and Further Amendments to Debenture and Warrant Indentures

Benzinga Real-time News · May 14, 2022 13:37

TORONTO, ONTARIO -TheNewswire -May 9, 2022 –MPX International Corporation("MPX International", "MPXI" or the "Corporation")(CSE:MPXI) (OTC:MPXOF),a multinational diversified cannabis company,is pleased to announce that it has drawn down on additional loan proceeds pursuant to the terms of the Revised Bridge Loan previously announced on January 7, 2022 and has negotiated revisions with its debenture holders to effectively defer any principal obligations until December 31, 2023.

"These amendments to the Debenture Indenture offer the Corporation the opportunity to commit management attention, capital and cash flows to the further development of its growing operations in Canada, Malta, Switzerland, Thailand and South Africa where...

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MPX International Announces Additional Draw Down of Short-Term Bridge Loan Financing, Extension of Maturity Date of Debentures Until Calendar Year End 2023 and Further Amendments to Debenture and Warrant Indentures

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