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Auxly unit extends BMO credit facility maturity to Nov. 30
By Mary-Katherine Stinson
Lexington, Ky., Sept. 29 – Auxly Cannabis Group Inc.’s wholly owned subsidiary Auxly Leamington Inc. received an interim extension of its amended and restated credit facility until Nov. 30, according to a press release.
The credit facility is led by Bank of Montreal as administrative agent.
The release stated that the company and lenders are working towards a formal credit amendment and longer term extension.
Auxly is a cannabis company based in Vancouver, B.C.
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