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Treasury Metals Announces Amendment and Extension of Convertible Debenture

Newswire.ca - Thu Jun 15, 2023

TSX: TML        OTCQX: TSRMF

TORONTO, June 15, 2023 /CNW/ - Treasury Metals Inc. (TSX: TML) (OTCQX: TSRMF) ("Treasury" or the "Company") is pleased to announce that the Company and its lender's agent, Extract Advisors LLC ("Extract"), have completed an amendment (the "Amendment") to the existing convertible term loan (the "Loan"). The Amendment amended, among other terms, the maturity date of the Loan (extending it to June 30, 2026 from June 30, 2023) and both fixes and reduces the interest rate to 9.75% from a floating rate of LIBOR + 6.5%.

Read more at newswire.ca

Provided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.

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