Good Natured Products Inc. Announces Amendment to Wells Fargo Credit Agreement
Good Natured Products Inc. Announces Amendment to Wells Fargo Credit Agreement
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) - good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) (the "Company" or "good natured"), today announced an amendment with respect to the credit agreement originally entered with Wells Fargo Capital Finance Corporation Canada ("Wells Fargo") on August 25, 2022, as amended on October 3, 2022 and February 28, 2023 (the "Credit Agreement").
不列顛哥倫比亞省溫哥華--（Newsfile Corp. — 2023 年 6 月 26 日）— good natured Products Inc.（多倫多證券交易所股票代碼：GDNP）（OTCQX：GDNPF）（“公司” 或”善良的性情“），今天宣佈了對最初與加拿大富國銀行資本金融公司簽訂的信貸協議的修正案（”富國銀行“) 於 2022 年 8 月 25 日，已於 2022 年 10 月 3 日和 2023 年 2 月 28 日修訂（”信貸協議“)。
On June 23, 2023 (the "Effective Date"), the Company entered into an agreement (the "Third Amendment") with Wells Fargo that fully waives the minimum EBITDA financial covenant for the three fiscal quarters ending June 30, 2023, September 30, 2023, and December 31, 2023 that was previously required under the Credit Agreement. As part of the Third Amendment, the Company agreed with Wells Fargo to increase the minimum liquidity requirement as outlined in the Credit Agreement from the Effective Date until at least March 31, 2024, subject to the terms disclosed in the Credit Agreement.
6月23日，2023年（“生效日期”），公司與富國銀行簽訂了一項協議（“第三修正案”），該協議完全免除了信貸協議先前要求的截至2023年6月30日、2023年9月30日和2023年12月31日的三個財季的最低息稅折舊攤銷前利潤財務契約。作爲第三修正案的一部分，公司與富國銀行達成協議，將信貸協議中概述的最低流動性要求從生效之日起至少提高到2024年3月31日，但須遵守信貸協議中披露的條款。
The Third Amendment agreement, the Credit Agreement and all other amendments thereto are available on SEDAR at sedar.com.
第三修正協議、信貸協議及其所有其他修正案可在SEDAR上查閱，網址爲sedar.com。
The good natured corporate profile can be found at: investor.goodnaturedproducts.com
這個 善良的性情 公司簡介可以在以下網址找到：investor.goodnaturedproduc
About good natured Products Inc.
good natured is passionately pursuing its goal of becoming North America's leading earth-friendly product company by offering the broadest assortment of plant-based products made from rapidly renewable resources instead of fossil fuels. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern.
關於 good natured Product
善良的性情通過提供由快速可再生資源而不是化石燃料製成的種類最廣泛的植物基產品，熱情地追求成爲北美領先的地球友好型產品公司的目標。該公司致力於使企業主和消費者能夠輕鬆且負擔得起地從石油轉向石油 更好的日常用品 它們使用更多的可再生材料，更少的化石燃料，並且不使用任何令人擔憂的化學物質。
good natured offers over 400 products and services through wholesale, direct to business, and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the Company is focused on making plant-based products more readily accessible to people as a means to create meaningful environmental and social impact.
善良的性情 通過批發、直接面向企業和零售渠道提供 400 多種產品和服務。從植物性家庭整理產品到經過認證的可堆肥食品容器、生物基工業用品和醫療包裝，該公司致力於使人們更容易獲得植物性產品，以此作爲產生有意義的環境和社會影響的一種手段。
For more information: goodnaturedproducts.com
欲瞭解更多信息：goodnaturedproducts
On behalf of the Company:
Paul Antoniadis - Executive Chair & CEO
Contact: 1-604-566-8466
代表公司：
保羅·安東尼奧迪斯——執行主席兼首席執行官
聯繫人：1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
投資者聯繫人：
斯賓塞·丘吉爾
投資者關係
1-877-286-0617 分機 113
invest@goodnaturedproducts.com
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