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TORONTO, ONTARIO--(Marketwired - June 26, 2013) - STT Enviro Corp. (TSX VENTURE:STT) ("STT" or the "Company") today announced that it has reached agreement with Business Development Bank of Canada ("BDC") to provide a $1,700,000 term loan (the "Loan"). The Loan will be available in two tranches after the satisfaction of certain disbursement conditions, receipt of TSX Venture approval and completion of legal documentation. The purpose of the Loan is to refinance a portion of the $2,497,842 of outstanding convertible debentures issued by STT which mature on March 31, 2014 and April 24, 2014. |
