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4Front Ventures Announces Agreement to Issue Warrants to Lender in Connection with Amendment to Previously Entered Promissory Note Agreement

Newswire.ca - Tue Oct 10, 2023

PHOENIX, Oct. 10, 2023 /CNW/ - 4Front Ventures Corp. (CSE: FFNT) (OTCQX: FFNTF) ("4Front" or the "Company") announced today that it has agreed to issue 1,283,425 subordinate voting share purchase warrants (the "Warrants") pursuant to an amendment to a previously entered promissory note purchase agreement (the "Agreement"). Pursuant to the Agreement, the lender has agreed to extend the maturity date of its loan, which has a principal amount of US$2,000,000, with a payment of an extension fee of C$65,000, which is payable in Warrants.

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