Plank Ventures Ltd. (TSE:PLNK) has released an update.
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Plank Ventures Ltd., a tech-focused investment firm, has secured $285,000 CAD through two separate loans from Code Consulting Ltd. and Phoenix Ventures Inc., bearing a 12% annual interest rate and maturing by the end of 2024. These loans, considered related party transactions, will bolster the company’s general working capital and have been approved by independent directors.
For further insights into TSE:PLNK stock, check out TipRanks’ Stock Analysis page.