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97 South Song Sessions launches an app to support local businesses - Penticton News

97 South Song Sessions launches an app to support local businesses - Penticton News
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XS Financial Announces $2.5 Million Private Placement Led by Gravitas Securities, Canaccord Genuity With Insiders To Participate and Provides Corporate Update

XS Financial Announces $2.5 Million Private Placement Led by Gravitas Securities, Canaccord Genuity With Insiders To Participate and Provides Corporate Update
$502,618
Corporate Highlights (Figures in USD)
Revolving Credit Facility from Federal Deposit Insurance Corporation (FDIC) Insured Bank: Successfully closed a US$2 million senior secured revolving credit facility, with an FDIC insured bank, which has a term of two (2) years, expiring in November 2022. Loans made under the revolving facility will bear interest at an annual rate equal to the greater of i) eight percent (8.0%) per annum or ii) the Wall Street Journal Prime plus four percent (4.0%) and may be prepaid with no penalty at any time. ....

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