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HITIQ Secures $1M Loan with Convertible Notes Plan Pending Shareholder Approval
1:02pm on Thursday 16th of April, 2026 AEST
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HITIQ Secures $1M Loan with Convertible Notes Plan Pending Shareholder Approval
1:02pm on Thursday 16th of April, 2026 AEST
Key Points
Received $1 million loan from associate of substantial shareholder
Initial $250,000 advanced for immediate working capital needs
Loan carries 12.5% interest with planned conversion to convertible notes
Convertible notes terms mirror those issued in January 2026
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