RE:Newswire Dec 14 2020- AGM Toronto, Ontario – TheNewswire – December 14, 2020 - Ventripoint Diagnostics Ltd. (" Ventripoint " or the " Company "), (TSXV:VPT ) ; ( OTC:VPTDF) announces it has received an interest-free loan for $163,000 from the Federal Economic Development Agency for Southern Ontario Regional Relief and Recovery Fund . The loan is to be used to assist the Company in meeting its financial obligations related to fixed operating costs. The loan is repayable starting in April 2023 in equal monthly installments over a 5-year period with the final payment in 2028.
The Company has continued to receive other grants, loans and subsidies and so the total amount of government support has been approximately $460,000 to date in 2020.
In other news, the Company wishes to remind its shareholders of the Annual General and Special meeting being held virtually today at 11:00 am EST. The meeting can be accessed at https://global.gotomeeting.com/join/788626925 .