Element Nutritional Sciences Inc (TSE:MUSL) has released an update.
Promino Nutritional Sciences Inc. has secured a $1,000,000 unsecured bridge loan from a private British Columbia company to bolster its working capital and repay debts. The one-year loan comes with a 12% annual interest and an option for the lender to convert the debt to company shares. This financial boost supports Promino’s mission to develop and market science-backed nutritional products, including their lead muscle health product, Rejuvenate™.
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