Zyus Life Sciences completes CAD 1.95 million secured loan financing at 12% interest
Reuters2026/08/31 22:45Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Zyus Life Sciences completed a secured loan financing through its wholly owned unit, Zyus Life Sciences Inc., raising CAD 1.95 million.
- Financing closed in nine tranches with no further closings expected.
- Loan carries 12% annual interest, payable at maturity; each tranche matures six months from its effective date.
- Facility is prepayable at any time without penalty; secured under a general security agreement with certain asset exceptions.
- Insiders participated for CAD 845,000, treated as a related-party transaction under MI 61-101.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zyus Life Sciences Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202608311844CANADANWCANADAPR_C6948) on August 31, 2026, and is solely responsible for the information contained therein.
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