Premier Diversified Holdings Inc. Enters Into Loan Agreement

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Jan 16, 2021
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VANCOUVER, British Columbia, Jan. 15, 2021 (GLOBE NEWSWIRE) -- Premier Diversified Holdings Inc. ("Premier" or the "Company") (TSXV: PDH) announces that it has entered into a loan agreement with MPIC Fund I, LP ("MPIC") for a secured loan in the principal amount of up to USD$90,000 (the "Loan"). The Loan matures on January 11, 2022 and bears interest at a rate of 6% per annum. The Loan is secured with all of the present and after-acquired property of the Company and ranks equally in priority with all of the loans previously made to the Company by MPIC. The Loan will be used for working capital.