Norwood Systems (ASX:NOR) entered into an eighth deed of variation to a loan agreement that provided access to a cash drawdown capital facility of up to AU$300,000, according to a Friday Australian bourse filing.
The loan was provided by Balmain Resources, a company controlled by Norwood director, John Tarrant.
The new deed of variation agrees to an extension of the repayment date to March 31, with an extension fee payable on the repayment date of 1.5% of the new principal amount of around AU$763,590, including interest and fees, per the filing.
All other terms and conditions of the agreement remain in effect.
Its shares fell past 9% in recent trading on Friday.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。