Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
An announcement from KeyStar Corp (KEYR) is now available.
KeyStar Corp. has amended its credit agreement with Excel Family Partners, resulting in a new discretionary convertible line of credit of up to $4,110,000. This new arrangement enables Excel, led by KeyStar’s CEO Bruce Cassidy, to make loans at their discretion and prohibits re-borrowing once loans are repaid. KeyStar can convert debt into stock at a rate influenced by the lowest share price in the previous 24 months. Additionally, they have secured a separate line of credit with more favorable terms, including a lower interest rate and a set maturity date, reflecting a strategic financial move to manage the company’s capital resources effectively.
See more insights into KEYR stock on TipRanks’ Stock Analysis page.
