DIP – AgMedica Bioscience

DIP AgMedica

Loan Priority

DIP Loan

Loan Amount

$1,000,000

Loan to Value (LTV)

NA

Loan Purpose

Hillmount Capital provided DIP financing to AgMedica Bioscience Inc. and affiliated entities pursuant to the initial 10-day court order granted under the company’s CCAA proceedings. The bridge loan was provided for the cannabis producer (with real estate assets) to pursue and implement their restructuring strategy.

Location

Chatham-Kent, ON