Apex Trader Funding - News
Jura Announces Debt Financing
CALGARY, Alberta, July 24, 2024 (GLOBE NEWSWIRE) -- Jura Energy Corporation ("Jura" or the "Company") today announced that it has entered into a loan agreement (the "Loan Agreement") with an arm's-length shareholder of the Company in the amount of up to US$4,300,000.
The loan is structured as a bilateral loan facility with a three-year term to July 22, 2027. The loan carries a fixed interest rate of 11% per annum. Pursuant to the Loan Agreement, and as general and continuing security for the payment and performance of the ...