MILLROCK RESOURCES INC. ("MRO")
BULLETIN TYPE: Shares for Bonuses
BULLETIN DATE: June 23, 2022
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing a loan agreement effective June 20, 2022 (the "Loan"), between the Company and Redplug Capital Corp. (the "Lender"), whereby $500,000 principal amount will be advanced to the Company.
Maturing June 19, 2023, the secured Loan bears interest at 6% per annum for the first six (6) months and at 12% per annum thereafter, and is repayable on or before the maturity date.
In consideration of the Loan, the Company will issue to the Lender 2,000,000 common shares as a bonus.
For further details, please refer to the Company's news release dated June 21, 2022.
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