OTTAWA, March 19, 2013 /CNW/ - Botaneco Corp. (the "Company") (TSXV: BOT), a leading natural specialty ingredients company
providing key ingredients to the food and personal care industries
announces today that its subsidiary Natunola Health Biosciences Inc. ("NHB") has entered into an agreement with Avrio Ventures Limited Partnership
("Avrio") to extended the maturity date of the subordinated debenture in the
principle amount of $500,000 (the "Debenture") issued by NHB to Avrio on March 22, 2011. The Debenture was
scheduled to mature on March 23, 2013. The maturity date has now been
extended to March 23, 2014. The other terms of the Debenture remain
The Company is pleased to have this extension as this will help the
Company maintain and preserve liquidity, so it can focus on continued
business, operations and growth in Natunola Health Inc., a wholly-owned
subsidiary of the Company based in Winchester, Ontario.
About the Company:
For more information regarding Botaneco Corp. please visit www.botanecocorp.com or www.sedar.com
Neither 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.
SOURCE: Botaneco Corp.
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