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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