TORONTO and MELBOURNE, Australia, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Banxa Holdings Inc. (TSXV: BNXA) (OTCQX: BNXAF) (FSE: AC00) ("Banxa" or the "Company") is pleased to announce that it has completed the payment in full of the final buyout amount of senior secured debt pursuant a convertible security funding agreement (the “Funding Agreement”) with Lind Global Fund II (“Lind”) announced on October 17, 2022. The buyout amount was paid in cash via the funds raised in the private placement announced on October 10, 2023. The payments remitted since inception total less than the face value of the Funding Agreement, being CAD$4.2M.
