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Onco-Innovations enters loan agreements for up to CAD$280,000
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Onco-Innovations enters loan agreements for up to CAD$280,000
  • Onco-Innovations entered three loan agreements for up to CAD 280,000 in aggregate financing.
  • Two shareholder loans total up to CAD 80,000; 15% annual interest; repayable on demand; prepayable without penalty.
  • Separate CAD 200,000 loan from Chief Medical Officer Islam Mohamed; 1% monthly interest; two CAD 100,000 tranches due by Sept. 13, 2026, Nov. 13, 2026.
  • Overdue amounts accrue an additional 2% monthly interest; prepayment requires 2% fee, interest through maturity.
  • Shareholder-loan proceeds earmarked for working capital; CAD 200,000 loan restricted to specified third-party R&D vendors.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Onco-Innovations Ltd. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202607151800TNWSWRCACNPR_____1AD4F1NgO) on July 15, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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