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Puget Ventures Inc.(TSXV:PVS) announced a new loan agreement. The Company entered into the agreement concerning a $500,000 loan with a private company.
Puget Ventures Inc.(TSXV:PVS) announced a new loan agreement. The Company entered into the agreement concerning a $500,000 loan with a private company.
As quoted in the press release:
The Loan will be secured by a general security interest granted by Puget, and will be repayable on or before October 16th, 2012. The Loan bears interest at an annual rate of 10%. Proceeds from the loan will be used as working capital to accelerate the completion of the Pafra Transaction and is at the discretion of the Company.
Click here to read the Puget Ventures Inc. (TSXV:PVS) press release
Click here to see the Puget Ventures Inc. (TSXV:PVS) profile.
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