GREY:XEBEQ - Post by User
Comment by
Sens1660on Aug 02, 2018 1:28pm
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Post# 28405496
RE:RE:RE:nice volume...
RE:RE:RE:nice volume... 25 mil loan from EDC will do that to a company who is killing sales - 40 mil revenue projected for 2019 - wait till their quarterly number come out next Tuesday - buy now if you want to get in on a rapidly growing story
XBC announces today that it has obtained C$23 million of additional financial support from Export Development Canada (EDC), Canada’s export credit agency. The financial support consists of a credit agreement worth C$11 million with two credit facilities, and a 3 year term consisting of a C$2 million working capital line and a C$9 million Purchase Order (PO) facility. In addition, Xebec has also secured a C$12M bonding facility with EDC. The bonding facility will be used to support the issuance of multiple bank guarantees.