Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQB: HCANF) (Germany: A9KN) today announces that the Corporation has entered into an amended and restated loan agreement (the “Amended Loan Agreement”) with Global Tech Opportunities 6 (the “Lender”) amending and restating the Corporation’s previously announced loan agreement with the Lender dated January 6, 2022 (the “Original Loan Agreement”).
Pursuant to the terms of the Amended Loan Agreement, the Corporation and the Lender have amended the Original Loan Agreement to provide the parties with additional flexibility to advance the second tranche of CAD$7,000,000principal amount (in six separate instalments) prior to the repayment in full of the initial tranche of CAD$7,000,000principal amount. No other material amendments were made to the terms of the Original Loan Agreement.
