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Impact Development Group Issues Warrants Amid New Loan
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Impact Development Group Issues Warrants Amid New Loan

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Impact Development Group Inc (TSE:IMPT) has released an update.

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Impact Development Group Inc. has issued 96,290 non-transferable warrants to a lender as part of a new loan agreement, with each warrant allowing for the purchase of common shares at C$1.80. The company has secured a loan amounting up to USD$1,000,000, which will be disbursed in four tranches over three months.

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

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