Good Natured Products Inc. Announces Amendment to Wells Fargo Credit Agreement
Good Natured Products Inc. Announces Amendment to Wells Fargo Credit Agreement
Vancouver, British Columbia--(Newsfile Corp. - June 26, 2023) - good natured Products Inc. (TSXV: GDNP) (OTCQX: GDNPF) (the "Company" or "good natured"), today announced an amendment with respect to the credit agreement originally entered with Wells Fargo Capital Finance Corporation Canada ("Wells Fargo") on August 25, 2022, as amended on October 3, 2022 and February 28, 2023 (the "Credit Agreement").
溫哥華，不列顛哥倫比亞省-(Newsfile Corp.-2023年6月26日)-Good Natted Products Inc.(多倫多證券交易所股票代碼：GDNP)(OTCQX：GDNPF)(The Company)或性情善良)，今天宣佈了一項關於最初與加拿大富國銀行資本金融公司(Wells Fargo Capital Finance Corporation)簽訂的信貸協定的修正案(富國銀行2022年8月25日，經2022年10月3日和2023年2月28日修訂的《信貸協定“)。
On June 23, 2023 (the "Effective Date"), the Company entered into an agreement (the "Third Amendment") with Wells Fargo that fully waives the minimum EBITDA financial covenant for the three fiscal quarters ending June 30, 2023, September 30, 2023, and December 31, 2023 that was previously required under the Credit Agreement. As part of the Third Amendment, the Company agreed with Wells Fargo to increase the minimum liquidity requirement as outlined in the Credit Agreement from the Effective Date until at least March 31, 2024, subject to the terms disclosed in the Credit Agreement.
6月23日，截至2023年6月30日(“生效日期”)，本公司與富國銀行訂立協定(“第三修正案”)，完全豁免信貸協定先前要求的截至2023年6月30日、2023年9月30日及2023年12月31日止三個財政季度的最低EBITDA財務契諾。作為第三修正案的一部分，本公司與富國銀行同意提高信貸協定中概述的最低流動資金要求，從生效日期起至2024年3月31日止，但須遵守信貸協定中披露的條款。
The Third Amendment agreement, the Credit Agreement and all other amendments thereto are available on SEDAR at sedar.com.
第三修正案協定、信貸協定及其所有其他修正案可在SEDAR網站上查閱：sedar.com。
The good natured corporate profile can be found at: investor.goodnaturedproducts.com
這個性情善良公司簡介可在Investor.Good NaturedProducts.com上找到。
About good natured Products Inc.
good natured is passionately pursuing its goal of becoming North America's leading earth-friendly product company by offering the broadest assortment of plant-based products made from rapidly renewable resources instead of fossil fuels. The Company is focused on making it easy and affordable for business owners and consumers to shift away from petroleum to better everyday products that use more renewable materials, less fossil fuel, and no chemicals of concern.
關於好性情產品公司
性情善良正在積極追求成為北美領先的地球友好型產品公司的目標，提供由快速可再生資源而不是化石燃料製成的最廣泛種類的植物性產品。該公司致力於讓企業主和消費者從石油轉向更容易和負擔得起更好的日常產品使用更多的可再生材料，更少的化石燃料，沒有令人擔憂的化學品。
good natured offers over 400 products and services through wholesale, direct to business, and retail channels. From plant-based home organization products to certified compostable food containers, bio-based industrial supplies and medical packaging, the Company is focused on making plant-based products more readily accessible to people as a means to create meaningful environmental and social impact.
性情善良通過批發、直接面向企業和零售渠道提供400多種產品和服務。從以植物為基礎的家庭組織產品到經過認證的可堆肥食品容器、基於生物的工業用品和醫療包裝，該公司專注於使以植物為基礎的產品更容易為人們所接受，作為一種創造有意義的環境和社會影響的手段。
For more information: goodnaturedproducts.com
欲瞭解更多資訊，請訪問：Good NaturedProducts.com
On behalf of the Company:
Paul Antoniadis - Executive Chair & CEO
Contact: 1-604-566-8466
我謹代表本公司：
Paul Antoniadis-執行主席兼首席執行官
聯繫電話：1-604-566-8466
Investor Contact:
Spencer Churchill
Investor Relations
1-877-286-0617 ext. 113
invest@goodnaturedproducts.com
投資者聯繫方式：
斯賓塞·丘吉爾
投資者關係
1-877-286-0617分機113
郵箱：Invest@Good NaturedProducts.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibilities for the adequacy or accuracy of this release.
多倫多證券交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
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