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Earthworks Industries Delays Debt Payment
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Earthworks Industries Delays Debt Payment

Earthworks Industries Inc. (TSE:EWK) has released an update.

Earthworks Industries Inc. has taken advantage of an option to defer a $2.15 million debt payment to North Bay Corporation, initially due April 15, 2024, to November 15, 2024. The company is in the process of finalizing an agreement to confirm the new terms and awaits the approval of the TSX Venture Exchange. This strategic move aims to improve the company’s financial flexibility.

For further insights into TSE:EWK stock, check out TipRanks’ Stock Analysis page.

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