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Norwood Systems Extends Loan Facility, Principal Hits $720K
8:27am on Friday 31st of January, 2025 AEDT
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Norwood Systems Extends Loan Facility, Principal Hits $720K
8:27am on Friday 31st of January, 2025 AEDT
Key Points
Fifth variation to loan agreement increases principal to $720,114.21
Repayment date extended to 14 February 2025
Extension fee of 1.0% on new principal payable at repayment
Loan provided by Balmain Resources, controlled by director Dr John Tarrant
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