Elcora Proposes to Extend Convertible Promissory Note Maturity Date

Barchart · 10/21 15:26

HALIFAX, Nova Scotia, Oct. 21, 2024 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the "Company" or "Elcora"), announces that, subject to TSX Venture Exchange acceptance, the Company plans to amend the terms of an 8% interest bearing, unsecured, convertible promissory note (the “Convertible Note”) in the principal amount of CDN$102,750 that was issued upon the closing of a financing announced on May 16, 2024.

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