Resverlogix (TSX:RVX, Stock Forum) jumped 12% to 84 cents Friday after the company said it has entered into an amended and restated loan agreement with Citibank for an additional $30.0 million bringing the total to $68.8 million.ss
According to the news release, the loan will mature on August 28, 2014 and may be paid in full or in part without penalty with interest being paid annually in arrears at a rate equal to the per annum Canadian one-year LIBOR swap rate plus 3.14%, to be reset annually.
Virtutone Networks (TSX:V.VFX, Stock Forum) shares rose 10% to 33 cents after the company released its latest revenue numbers.
According to the news release, the company generated over $14.3 million in revenue for the month of June in the face of exterior economic forces.