CZO Ceapro Inc

Ceapro Inc. (TSX VENTURE:CZO) ("Ceapro" or the Company") is pleased to announce
that it has executed a letter of renewal with Agriculture Financial Services
Corporation (AFSC) to renew its equipment loan for a further term of 5 years at
an interest rate of 3.71%. At the end of this 5 year term the loan will be
completely paid off. The renewal of this loan will return this loan to a long
term liability from a current liability and thereby tremendously improve
Ceapro's working capital position.


"We are very pleased with the demonstration of confidence and support our
long-term financial partner AFSC has again shown to Ceapro", said Gilles Gagnon,
President and CEO of Ceapro. "The participation and support that AFSC has shown
to innovative and value added agri-companies like Ceapro is truly appreciated
and allows us to continue to do what we do best- develop and commercialize
innovative technologies and products", added Mr. Gagnon. 


About Ceapro Inc.

Ceapro Inc. is a Canadian growth-stage biotechnology company. Primary business
activities relate to the development and commercialization of active ingredients
for personal care and cosmetic industries using proprietary technology and
natural, renewable resources. To learn more about Ceapro, visit www.ceapro.com. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Ceapro Inc.
Branko Jankovic
Chief Financial Officer
(780) 917-8376 (Edmonton)
bjankovic@ceapro.com
www.ceapro.com

Ceapro (TSXV:CZO)
과거 데이터 주식 차트
부터 4월(4) 2024 으로 5월(5) 2024

Ceapro (TSXV:CZO)
과거 데이터 주식 차트
부터 5월(5) 2023 으로 5월(5) 2024