Lophos Holdings Faces $2M Mortgage Default Challenge
Company Announcements

Lophos Holdings Faces $2M Mortgage Default Challenge

Story Highlights

Lophos Holdings, Inc. (TSE:MESC) has released an update.

Lophos Holdings Inc., a Canadian bioscience company, received a Notice of Sale Under Mortgage for failing to pay nearly $2 million on its Napanee, Ontario property. The company is exploring various financial options, including bridge financing and asset sales, to resolve the debt and maintain business continuity.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskLophos Holdings Overcomes Default, Eyes Market Entry
TipRanks Canadian Auto-Generated NewsdeskLophos Holdings Board Member Steps Down
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!