HeartSciences extends $500,000 Front Range Ventures loan maturity to Jan. 29, 2027
HSCS•HeartSciences amended its loan agreement with Front Range Ventures, extending the maturity of its $500,000 secured note to the earlier of two business days after the Fortitude Mining Holdings business-combination closing or Jan. 29, 2027. The note carries 12% annual interest, compounded annually.
1. Loan terms amended
HeartSciences amended its loan and security agreement with Front Range Ventures to extend the maturity of its $500,000 secured promissory note. Accrued interest through Sept. 30, 2026, is due by that date, with subsequent accrued interest payable at maturity. HeartSciences may prepay principal before maturity in increments of at least $50,000; payments apply first to interest, then principal.
