Premier Diversified Holdings Inc. announced that it has entered into a loan agreement for a secured loan in the principal amount of up to $90,000 on October 5, 2022. The transaction will include participation from returning lender MPIC Fund I L.P., a fund managed by Corner Market Capital Corporation. The loan is secured, matures on October 5, 2023, and bears interest at a rate of 6% per annum.

The company is not issuing any securities, or paying any bonus, commission, or finder's fees on the loan. The loan is repayable at any time without penalty. The transaction is subject to review and acceptance by the TSX Venture Exchange.