15 DAYS To SECURED NOTE DEBT Due Date: November 30, 2023On December 3, 2022, the Company signed a promissory note payable for $678,774, bearing interest at 9.45% per annum and secured with a general security agreement over the Company’s assets. The principal amount of the promissory note is included in other current liabilities on the statement of financial position. As of June 30, 2023, $726,574 of principal and accrued interest remains outstanding and the counterparty has agreed to amended terms. Repayment is expected on or about November 30, 2023 and the interest rate has increased to 11.85% per annum.
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