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prescient mining corp (PMC) Snapshot

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prescient mining corp (PMC) Details

Aurora Marijuana Inc. produces medicinal marijuana. The company is based in Aurora, Canada.

prescient mining corp (PMC) Top Compensated Officers

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prescient mining corp (PMC) Key Developments

Aurora Cannabis Inc. Closes $3.5 Million Secured Bridge Loan Facility

Aurora Cannabis Inc. announced that it has closed a $3.5 million secured bridge loan facility with Century Services Inc. The term of the facility is twelve months with a minimum four month term and bears interest at 14% per annum. Monthly interest payments only are required during the term of the loan. The facility is renewable for another 12 months for a 2% fee on the outstanding amount and monthly principal payments shall commence at renewal. The facility is secured by the company's assets pursuant to a general security agreement and corporate guarantees by the company and its subsidiaries. Under the terms of the facility, the company shall pay century a fee of 2.5% of the principal amount, due diligence fees of $7,500 on closing and a monthly monitoring fee of $250. The company also agreed to pay a broker's fee of 0.5% of the principal amount on closing.

Aurora Cannabis Inc. Establishes Australis Capital Inc

Aurora Cannabis Inc. announced the establishment of its new subsidiary, Australis Capital Inc., a company focused on opportunities in the United States with respect to production, processing, extracting of derivatives and sale of both medicinal and recreational cannabis.

Jason Dyck Joins Aurora Cannabis Inc.'s Board of Directors

Aurora Cannabis Inc. announced the appointment of Dr. Jason Dyck to its Board of Directors. Dr. Dyck is a distinguished research scientist in the Department of Pediatrics at the University of Alberta who specializes in the molecular biology of heart disease and metabolism. At the national/international level, Dr. Dyck is Chair of a Heart and Stroke Foundation Scientific Review Committee and Chair of a Canadian Diabetes Association Scientific Review Committee. He sits on the Editorial boards of 4 major international journals, reviews manuscripts for over 10 top tier journals and reviews grants for the National Institute for Health, the Welcome Trust, the National Health and Medical Research Council of Australia and the Dutch Diabetes Research Foundation. Dr. Dyck is also a board member of the premier international cardiovascular metabolism society, The Society for Heart and Vascular Metabolism.


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