Good Flour Corp (TSE:GFCO) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Good Flour Corp. has secured a loan agreement allowing for up to $250,000 in funds, intended for general corporate needs and working capital. These unsecured loans carry a 10% annual interest rate with a six-month maturity. Additionally, the lender will receive share purchase warrants exercisable for five years, further enhancing the company’s financing strategy.
For further insights into TSE:GFCO stock, check out TipRanks’ Stock Analysis page.