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Leviathan Natural Products Secures Agreement to Serve as Veridia | The Kingston Whig Standard
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Leviathan Secures Financing for Leviathan US Inc
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Toronto, Ontario (Newsfile Corp. - February 18, 2021) - Leviathan Natural Products Inc . (CSE: EPIC) (the Company or Leviathan ) is pleased to announce that it has amended the terms of its $7.5M unsecured, term loan credit facility to extend the maturity date, reduce the frequency of interest payments, and to capitalize certain interest payments into the principal amount of the credit facility. Effective immediately, the maturity date of the credit facility has been extended to December 31, 2023 (from October 15, 2021); interest payments are now only be payable on December 31 of each year during the term (from once every four months); and the interest payments due August 31, 2020 and December 31, 2020 have been capitalized into the principal amount of the credit facility. The terms of the credit facility, as previously amended, were initially disclosed in the Company s news releases of October 31, 2019 and October 5, 2020, otherwise remain the same.
Leviathan Natural Products Inc.: Leviathan Natural Products Provides Corporate Update
Company or
Leviathan ) is pleased to provide the following corporate update with respect to its product development and operations in Tennessee, USA, Antioquia, Colombia, and Ontario, Canada.
Leviathan US - Carthage, Tennessee Facility
Leviathan US, Inc. (
Leviathan US ), is accelerating its US business extracting and processing cannabinoid products from hemp biomass at its newly renovated 37,000 square foot facility on 9.75 acres in Carthage, Tennessee. The facility features a unique ethanol processing technique. This process involves chilling the ethanol and plant biomass to -80°C with liquid nitrogen. The ultra-low temperatures produce the precise formulations with superior potency and purity. The state-of-the-art facility includes 2,500 square feet of custom C1D2 extraction clean room space with foam fire suppression systems, security cameras and precision air handling.
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