Plank Ventures Ltd. (TSE:PLNK) has released an update.
Plank Ventures Ltd. has announced the consolidation and extension of various loans with Phoenix Ventures Inc, Code Consulting Limited, Lanebury Growth Capital Ltd, and Cascadia Junk Removals Inc, with new maturity dates set for December 31, 2024. These strategic financial moves, including the combination of loans into single promissory notes with 12% interest, aim to streamline the company’s liabilities under the leadership of CEO Laurie Baggio and the oversight of pertinent financial regulations.
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