The Farm 51 Group NEWCONNECT:F51:
SAID ON TUESDAY IT HAD RECEIVED A DEMAND TO REMEDY A BREACH OF ITS STATUS QUO AGREEMENT AFTER FAILING TO PAY AT LEAST EUR 150,000 IN OVERDUE LOAN INTEREST BY FEBRUARY 15
CREDITORS SET A 7-DAY DEADLINE TO SETTLE DEBT OR FACE IMMEDIATE LOAN TERMINATION AND POTENTIAL SEIZURE OF PLEDGED ASSETS
EXPECTS DIALOGUE WITH CREDITORS TO REACH SOLUTION AND LIMIT RISKS OF CONTRACT TERMINATION
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