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AUXLY ANNOUNCES SECOND INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY
AUXLY ANNOUNCES SECOND INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY Canada New...
About this update from Auxly Cannabis Group Inc.
[{"type":"text","content":"\n \n \n \n AUXLY ANNOUNCES SECOND INTERIM EXTENSION OF AUXLY LEAMINGTON CREDIT FACILITY\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n Nov. 30, 2023\n \n \n /CNW/ -\n \n Auxly Cannabis Group Inc.\n \n (TSX: XLY) (OTCQB: CBWTF) (\"\n \n Auxly\n \n \" or the \"\n \n Company\n \n \"), a leading consumer packaged goods company in the cannabis products market, today announced that it has received a second interim extension of the maturity date of the amended and restated credit facility between its wholly-owned subsidiary Auxly Leamington Inc. and a syndicate of lenders, led by the Bank of\n \n Montreal\n \n as administrative agent, until\n \n December 31, 2023\n \n .\n \n \n \n \n \n \n \n \n \n The Company and the lenders are working towards a formal credit amendment and longer-term extension although there can be no assurance that an agreement with the lenders will be reached.\n \n \n \n About Auxly Cannabis Group Inc. (TSX: XLY)\n \n \n \n Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in\n \n Toronto, Canada\n \n . Our focus is on developing, manufacturing and distributing branded cannabis products that delight our consumers.\n \n \n Our vision is to be a leader in branded cannabis products that deliver on our consumer promise of quality, safety and efficacy.\n \n \n Learn more at\n \n www.auxly.com\n \n and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.\n \n \n \n Notice Regarding Forward Looking Information:\n \n \n \n This news release contains certain \"forward-looking information\" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as \"plan\", \"continue\", \"expect\", \"project\", \"intend\", \"believe\", \"anticipate\", \"estimate\", \"may\", \"will\", \"potential\", \"proposed\" and other similar words, or information that certain events or conditions \"may\" or \"wil...