RIWI Closes Working Capital Loan Facility
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), a market research and trend-tracking technology company, has secured a $1,000,000 CAD working capital loan from Pathfinder Asset Management Limited, an insider of the company.
The loan terms include a 2-year maturity with a 12% annual interest rate, payable semi-annually. RIWI paid a loan bonus of $200,000 through the issuance of 400,000 common shares at $0.50 per share. The proceeds will support working capital management, general corporate purposes, and the company's growth initiatives toward profitability.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), azienda di ricerche di mercato e monitoraggio delle tendenze, ha ottenuto un prestito per capitale circolante di 1.000.000 CAD da Pathfinder Asset Management Limited, un insider della società.
I termini prevedono una scadenza di 2 anni con un tasso di interesse annuo del 12%, pagabile semestralmente. RIWI ha corrisposto un bonus sul prestito di 200.000 CAD mediante l’emissione di 400.000 azioni ordinarie al prezzo di 0,50 CAD per azione. I proventi serviranno per la gestione del capitale circolante, scopi generali aziendali e le iniziative di crescita volte alla redditività.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), una empresa de investigación de mercados y seguimiento de tendencias, ha obtenido un préstamo de capital de trabajo de 1.000.000 CAD de Pathfinder Asset Management Limited, un insider de la empresa.
Los términos del préstamo incluyen una maduración a 2 años con un tasa de interés anual del 12%, pagadera semestralmente. RIWI pagó un bono de préstamo de 200.000 CAD mediante la emisión de 400.000 acciones comunes a 0,50 CAD por acción. Los fondos se destinarán a la gestión del capital de trabajo, a fines generales de la empresa y a las iniciativas de crecimiento hacia la rentabilidad.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), 시장 조사 및 트렌드 추적 기술 회사가 Pathfinder Asset Management Limited로부터 1,000,000 CAD의 운전자본 대출을 확보했습니다. 이는 회사의 내부자입니다.
대출 조건은 2년 만기와 연 이자율 12%이며, 반기마다 지급됩니다. RIWI는 대출 보너스 20만 CAD를 주당 0.50 CAD의 가격으로 40만 주의 보통주를 발행해 지급했습니다. 대출금은 운전자본 관리, 일반 기업 목적 및 수익성 향상을 위한 성장 이니셔티브를 지원하는 데 사용될 예정입니다.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), une société de recherche de marché et de suivi des tendances, a obtenu un prêt de fonds de roulement de 1 000 000 CAD auprès de Pathfinder Asset Management Limited, un initié de la société.
Les modalités prévoient une échéance de 2 ans avec un taux d’intérêt annuel de 12%, payable semestriellement. RIWI a payé un bonus sur le prêt de 200 000 CAD par l’émission de 400 000 actions ordinaires à 0,50 CAD par action. Le produit du prêt servira à la gestion du fonds de roulement, à des usages généraux de l’entreprise et aux initiatives de croissance visant la rentabilité.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF), ein Unternehmen für Marktforschung und Trendverfolgung, hat von Pathfinder Asset Management Limited, einem Insider des Unternehmens, einen Arbeitskapitalkredit in Höhe von 1.000.000 CAD erhalten.
Die Kreditbedingungen umfassen eine Ablaufdauer von 2 Jahren mit einem jährlichen Zinssatz von 12%, der halbjährlich fällig ist. RIWI zahlte eine Kreditprämie von 200.000 CAD durch die Emission von 400.000 Stammaktien zu je 0,50 CAD pro Aktie. Die Mittel sollen für das Working Capital-Management, allgemeine Unternehmenszwecke und Wachstumsinitiativen zur Rentabilität verwendet werden.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF)، شركة أبحاث سوق وتتبع الاتجاهات، حصلت على قرض رأس المال العامل بقيمة 1,000,000 دولار كندي من Pathfinder Asset Management Limited، وهو مطلع/insider للشركة.
تشمل شروط القرض استحقاق لمدة سنتين مع معدل فائدة سنوي 12%، قابلة للدفع نصف سنويًا. دفعت RIWI مكافأة القرض 200,000 دولار كندي من خلال إصدار 400,000 سهم عادي بسعر 0.50 دولار كندي للسهم. ستُستخدم الأموال لإدارة رأس المال العامل، ولأغراض الشركة العامة، ولمبادرات النمو نحو الربحية.
RIWI Corp. (TSXV: RIWI) (OTC: RWCRF)，一家市场研究与趋势追踪技术公司，已从 Pathfinder Asset Management Limited 获得一笔价值 1,000,000 加元的运营资金贷款，该公司属公司内部人。
贷款条款包括 2 年期限，年利率为 12%，按半年支付。RIWI 通过发行 400,000 股普通股，以每股 0.50 加元 的价格支付了一笔 20 万加元的贷款奖励。资金将用于流动资金管理、一般企业用途及促进盈利能力的增长计划。
- Secured $1,000,000 CAD in working capital financing
- Funding supports growth initiatives and path to profitability
- Transaction exempt from additional regulatory requirements due to size
- High interest rate of 12% per annum on the loan
- 20% loan bonus ($200,000) paid through share issuance causing dilution
- Loan obtained from insider party rather than traditional financial institution
Toronto, Ontario--(Newsfile Corp. - September 15, 2025) - RIWI Corp. (TSXV: RIWI) (OTC Pink: RWCRF) (the "Company" or "RIWI"), a market research platform, global trend-tracking and prediction technology firm, is pleased to announce that it has closed its previously announced loan facility with Pathfinder Asset Management Limited (the "Lender"), an insider of the Company, to obtain a
The Loan will have a term of two (2) years and will accrue interest at the rate of
As the Lender is an insider and non-arm's length party to the Company, the provisions of TSXV Policy 5.9 and Part 5 of Multilateral Instrument 61-101 - Protection of Minority Holders in Special Transactions ("MI 61-101") apply. However, pursuant to Section 5.5(a) and 5.7(a) of MI 61-101, the Loan is exempt from the Minority Approval and Formal Valuation requirements of such instrument on the basis that fair market value of the transaction is not more than
The Company intends to use the net proceeds of the Loan for working capital management, general corporate purposes and to support the continued growth of RIWI and its push to profitability.
About RIWI
RIWI is a market research platform and global trend-tracking and prediction technology firm. On a monthly or annual subscription basis, RIWI offers its clients tracking surveys, continuous risk monitoring, predictive analytics and ad effectiveness tests in all countries. https://riwi.com
RIWI CORP.
Signed: "Greg Wong"
Greg Wong, Chief Executive Officer
For more information, please contact investors@riwi.com or call 1-833-FOR-RIWI (367-7494)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTION REGARDING FORWARD-LOOKING INFORMATION:
Information and statements contained in this news release that are not historical facts are "forward-looking information" within the meaning of Canadian securities legislation that involves risks and uncertainties. Forward-looking information included herein is made as of the date of this news release and RIWI does not intend, and does not assume any obligation, to update forward-looking information unless required by applicable securities laws. Forward-looking information relates to future events or future performance and reflects management of the Company's expectations or beliefs regarding future events. This forward-looking information is based, in part, on assumptions and factors that may change or prove to be incorrect, thus causing actual results, performance or achievements to be materially different from those expressed or implied by forward-looking information.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/266508
FAQ
What are the terms of RIWI Corp's (RWCRF) new loan facility?
How much dilution did RIWI's (RWCRF) loan bonus cause?
Who provided the working capital loan to RIWI Corp (RWCRF)?
How will RIWI (RWCRF) use the loan proceeds?
Why didn't RIWI Corp (RWCRF) need minority approval for the insider loan?
