Elixxer Signs Term Sheet for US$12 Million Institutional Loan
CANADIAN DAILY STOCK REPORT
Corporate Wire Date: 22 January 2020 17:21 EST
ORIGINAL ANNOUNCEMENT [Text]
MONTREAL, Jan. 22, 2020 -- Elixxer Ltd. (TSX-V: ELXR and OTC-QB: ELXIF) ("ELIXXER" or (the "Company") has signed an indicative term sheet for a US$12 million convertible loan (the "Loan") from AD Asset Management LLC ("AD"), a U.S.-based fund management company.
Mazen Haddad, Elixxer CEO, stated, "We are very pleased to be working with AD. This financing is intended to ...