TORONTO, Aug. 10, 2017 (GLOBE NEWSWIRE) -- Kure Technologies, Inc. (“Kure” or the “Company”) (NEX:KUR.H), today announced details of a debt funding by two of its directors.
Mr. Alex Dolgonos and Mr. Daniel Marks, two directors of the Company, have agreed to provide unsecured loans to the Company in the amount of CDN$100,000. The loans are not convertible for securities of the Company, pay an annual interest rate of 12% and are repayable by the Company at any time before maturity, which is March 31, 2018.
About Kure Technologies, Inc.
Kure’s shares are listed on the NEX under the symbol “KUR.H”. More information on Kure can be found at www.sedar.com.
The corporate information contained in this release includes forward-looking statements regarding future events and the future performance of Kure that involve risks and uncertainties that could cause actual results to differ materially. Assumptions used in the preparation of such information, although considered reasonable by Kure at the time of preparation, may prove to be incorrect. The actual results achieved may vary from the information provided herein and the variations may be material. Consequently, there is no representation by Kure that actual results achieved will be the same in whole or in part as those forecast.
Neither the NEX nor its Regulation Services Provider (as that term is defined in the policies of the NEX)
accepts responsibility for the adequacy or accuracy of this release.
For additional information, please contact:
Daniel S. Marks, Interim Chief Executive Officer