Bullboard - Stock Discussion Forum International Zeolite Corp V.IZ

Alternate Symbol(s): IZCFF

International Zeolite Corp. is a vertically integrated industrial minerals company. Its principal business activities are the exploration and development of mineral properties and the development, marketing and sales of industrial commercial products from the production of its properties and the supply of raw materials from third party suppliers. Its segments include exploration and development... see more

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TSXV:IZ - Post Discussion

International Zeolite Corp > Read It & Weep

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Post by phantom666 on Nov 12, 2024 10:35am

Read It & Weep

On January 2, 2024, the Company signed a loan agreement with Royal Bank to refinance the CEBA loan.($40,000) The term loan is subject to an interest rate of 2.34% plus Prime Rate for a maximum period of 5 years. The Company is required to make a payment of $841 at the end of each month for 60 months, starting from February 25, 2024. As at June 30, 2024, the Company paid a total of $4,205 (2023- $nil) on this loan.