|
| Home : CEMATRIX Announces Amendments to Non-Arm's Length Party Loans |
|
Oct 14
2014 |
CEMATRIX Announces Amendments to Non-Arm's Length Party Loans |
|
CALGARY, ALBERTA--(Marketwired - Oct. 14, 2014) - CEMATRIX Corporation (TSX VENTURE:CVX) (the "Corporation") announces that an agreement has been reached to amend the terms of loan agreements (the "Loan Agreements") with certain members of management, Jeffrey Kendrick, Craig Hannah and Steve Bent. The Loan Agreements have been previously disclosed in the Corporation's Management Information Circulars, with the most recent disclosure contained in the Management Information Circular dated May 7, 2014. The amendments to the Loan Agreements introduce annual repayment terms for the loans such that the loans will be fully repaid on December 31, 2019. |
|
|
|
| Source:http://www.marketwired.com/mw/release.do?id=1957249&sourceType=3 |
| |
|
Related News
|
» West Mountain Environmental Corp. Announces Expansion of TPS License
» Roxgold Inc. Announces C$30 Million Bought Deal Financing
|
|
|
