Now $10.2 million debt due in 20 weeksDon't forget also the Newstrike loan debenture payments.
Interest is payable monthly at the rate of 12% per annum, and the principal amount outstanding is payable on the maturity date. In consideration of the re-financing, the Company will pay a bonus to the Lenders under the credit facility, in the amount of US$408,901.47 on the earlier of the repayment of the loan and June 30, 2016