Core Viewpoint - ThreeD Capital Inc. has entered into an amended loan agreement with its CEO, Sheldon Inwentash, for a principal amount of $1,215,769 at an interest rate of 5% per annum, due on December 31, 2026 [1]. Group 1: Loan Agreement Details - The loan amount is $1,215,769, bearing an interest rate of 5% per annum [1]. - The loan is unsecured and is due on December 31, 2026 [1]. Group 2: Related Party Transaction - The transaction is classified as a related party transaction under Multilateral Instrument 61-101, as Mr. Inwentash is both a director and officer of the Company [2]. - The Company is relying on exemptions from formal valuation and minority approval requirements, as the transaction does not exceed 25% of the Company's market capitalization [2]. Group 3: Company Overview - ThreeD Capital Inc. is a publicly-traded Canadian venture capital firm focused on opportunistic investments in junior resources and disruptive technologies [3]. - The investment strategy includes investing in multiple private and public companies globally, particularly in early-stage promising companies [3].
ThreeD Capital Inc. Announces Amended Loan
Globenewswire·2025-12-22 23:12