A2Z Smart Technologies Expands Existing Credit Line with Manufacturing Partner Acromatis

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Jul 14, 2022

TEL AVIV, ISRAEL / ACCESSWIRE / July 14, 2022 / A2Z Smart Technologies Corp. (NASDAQ:AZ) (TSXV:AZ, Financial), today announced that it has expanded its existing line of credit with Acromatis, a manufacturing partner for the Company's Cust2Mate Smart Carts. The expanded credit line will enable the manufacturing of an additional 5,000 of the Company's Generation 2.5 and Generation 2.8 Smart Carts without effecting the Company's working capital. The aggregate amount of the credit line will be up to US$17 million.