YERBAÉ BRANDS CORP. ANNOUNCES LOAN AGREEMENT WITH MAXIMCASH
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), a plant-based energy beverage company, has secured a US$1 million loan through an agreement with Maximcash Solutions dated January 29, 2025. The loan terms include:
- 12-month maturity period
- 26 bi-weekly payments
- Average monthly cost of US$103,333
- 43.26% annual interest rate
- Secured against all present and after-acquired property of Yerbaé Brands Co.
The loan can be prepaid with a 5% interest discount, requiring 95% of remaining unpaid interest upon full prepayment. Funds will be used for accounts payable and general working capital purposes.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), un'azienda di bevande energetiche a base vegetale, ha ottenuto un prestito di 1 milione di dollari USA tramite un accordo con Maximcash Solutions datato 29 gennaio 2025. I termini del prestito includono:
- Periodo di scadenza di 12 mesi
- 26 pagamenti bi-settimanali
- Costo mensile medio di 103.333 dollari USA
- Tasso di interesse annuale del 43,26%
- Garantito contro tutte le proprietà presenti e future di Yerbaé Brands Co.
Il prestito può essere rimborsato in anticipo con uno sconto del 5% sugli interessi, richiedendo il pagamento del 95% degli interessi rimanenti non pagati al momento del rimborso totale. I fondi saranno utilizzati per crediti verso fornitori e per esigenze di capitale circolante generale.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), una empresa de bebidas energéticas a base de plantas, ha conseguido un préstamo de 1 millón de dólares estadounidenses a través de un acuerdo con Maximcash Solutions fechado el 29 de enero de 2025. Los términos del préstamo incluyen:
- Período de vencimiento de 12 meses
- 26 pagos quincenales
- Costo mensual promedio de 103.333 dólares estadounidenses
- Tasa de interés anual del 43,26%
- Asegurado contra todos los bienes presentes y futuros de Yerbaé Brands Co.
El préstamo puede ser pagado anticipadamente con un descuento del 5% en los intereses, requiriendo el pago del 95% de los intereses no pagados restantes al momento del prepago total. Los fondos se utilizarán para cuentas por pagar y para fines generales de capital de trabajo.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), 식물 기반 에너지 음료 회사는 2025년 1월 29일 Maximcash Solutions와의 계약을 통해 100만 달러 대출을 확보했습니다. 대출 조건은 다음과 같습니다:
- 12개월 만기
- 26회 격주 결제
- 평균 월 비용 103,333 달러
- 연 이자율 43.26%
- Yerbaé Brands Co.의 현재 및 미래의 모든 자산에 대해 담보가 설정됨
대출은 5%의 이자 할인으로 선지급할 수 있으며, 전액 선지급 시 남은 이자의 95%를 지불해야 합니다. 자금은 외상 매출금 및 일반 운영 자본 용도로 사용됩니다.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), une entreprise de boissons énergétiques à base de plantes, a obtenu un prêt de 1 million de dollars US par le biais d'un accord avec Maximcash Solutions daté du 29 janvier 2025. Les conditions du prêt incluent :
- Période d'échéance de 12 mois
- 26 paiements bimensuels
- Coût mensuel moyen de 103 333 dollars US
- Taux d'intérêt annuel de 43,26%
- Garanties sur tous les biens présents et futurs de Yerbaé Brands Co.
Le prêt peut être remboursé par anticipation avec une remise de 5% sur les intérêts, nécessitant le paiement de 95% des intérêts non payés restants lors du remboursement total. Les fonds seront utilisés pour les comptes à payer et pour des besoins généraux en fonds de roulement.
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF), ein Unternehmen für pflanzenbasierte Energiegetränke, hat einen 1 Million USD Kredit durch eine Vereinbarung mit Maximcash Solutions vom 29. Januar 2025 gesichert. Die Kreditbedingungen beinhalten:
- 12-monatige Laufzeit
- 26 zweiwöchentliche Zahlungen
- Durchschnittliche monatliche Kosten von 103.333 USD
- Jährlicher Zinssatz von 43,26%
- Gesichert durch alle gegenwärtigen und zukünftig erworbenen Vermögenswerte von Yerbaé Brands Co.
Der Kredit kann mit einem Zinsrabatt von 5% vorzeitig zurückgezahlt werden, wobei 95% der ausstehenden Zinsen bei vollständiger Vorabzhlung zu zahlen sind. Die Mittel werden für Verbindlichkeiten und allgemeine Betriebskapitalzwecke verwendet.
- Secured immediate working capital of US$1 million
- Option for early repayment with 5% interest discount
- High interest rate of 43.26% annually
- Significant monthly payment burden of US$103,333
- All company assets used as collateral
VANCOUVER, B.C., Jan. 31, 2025 (GLOBE NEWSWIRE) -- Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) (“Yerbaé” or the “Company”), a plant-based energy beverage company, is pleased to announce that it has secured a US
Pursuant to the terms of the Loan Agreement, Maximcash agreed to loan US
The proceeds of the Loan are to be used for accounts payable and for general working capital purposes.
About Yerbaé
Yerbaé Brands Corp. (TSX-V: YERB.U; OTCQX: YERBF) makes great-tasting energy beverages with yerba made and other premium, plant-based ingredients. All Yerbaé energy beverages are zero calorie, zero sugar, non-GM), vegan, ket-friendly, paleo-approved, gluten free and diabetic-friendly. Founded in Scottsdale, AZ in 2017, Yerbaé seeks to disrupt the energy beverage marketplace by offering a no-compromise energy solution, with input and support from its recently-announced Yerbaé Advisory Board, Sports and Entertainment. Find us @DrinkYerbae on Instragram, Facebook, Twitter/X and TikTok, or online at https://yerbae.com
On Behalf of the Board of Directors
“Todd Gibson”
Todd Gibson, Chief Executive Officer and Co-Founder
Contact Information:
For investors, investors@yerbae.com or 480,471.8391
To reach CEO Todd Gibson, todd@yerbae.com or 480.471.8391
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward‐Looking Statements:
This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission filed on EDGAR at www.sec.gov. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
FAQ
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