FIER CPVC-Montreal LP offers a loan of $500,000 to Aptilon

Jan 9 2010

Aptilon Corporation ("Aptilon" or the "Corporation") (TSX-V: APZ), an innovative leader of on-line marketing services to physicians, today announced that it has obtained a $500,000 loan (the "Loan") from FIER CPVC-Montreal LP (the "FIER").

The Loan bears interest at an annual rate of 21% and is due on the six-month anniversary of its disbursement. The Loan is secured by a lien on the universality of Aptilon's movable property. Aptilon Holdings Inc., a wholly-owned subsidiary of Aptilon, has guaranteed the loan and also granted the FIER a lien over the universality of its movable property.

Source: APTILON CORPORATION

Posted in:

Comments (0)

Comments

The opinions expressed here are the views of the writer and do not necessarily reflect the views and opinions of News Medical.
Post a new comment
(Logout)
Post

Newsletters you may be interested in

See all Newsletters »

Terms

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.

Provide Feedback