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Premier Diversified Holdings (TSXV:PDH) announces loan agreement

Finance
TSXV:PDH
05 August 2022 14:30 (EDT)

Premier Diversified Holdings (PDH) has signed a loan agreement with MPIC Fund I, LP. for a secured loan in the principal amount of up to US$100,000. 

The loan matures on August 4, 2023 and bears interest at a rate of 6 per cent per annum. The loan will be used for working capital and may be used to acquire an additional interest in MyCare MedTech Inc., a telehealth company.

The loan is repayable at any time without penalty.

Premier Diversified Holdings Inc. acquires assets of public and private entities which it believes have potential for significant returns.

Premier Diversified Holdings Inc. (PDH) is unchanged on the day, trading at C$0.155 per share at 2:30 pm ET.


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