Indigo Exploration Announces Shareholder Loans Advanced to Provide Short Term Funding for Working Capital and Administrative Expenses
News Release
Indigo Exploration Announces Shareholder Loans Advanced to Provide Short Term
Funding for Working Capital and Administrative Expenses
July 11, 2019 - Vancouver, British Columbia. Indigo Exploration Inc. (the “ Company”)
(TSX-V: IXI, FSE: INE) announces t hat it has entered into share holder loan arrangements with
certain shareholders of the Company to borrow a total of $100,0 00. The loans are not
convertible into or repayable in equity or voting securities of the Company, and no bonus shares
or bonus warrants will be issued in connection with the loans.
The funds will used to provide the Company with general working capital and to pay
administrative expenses as may be first approved by the Lenders . The loans will bear interest at
a rate of 10% per annum, both before and after maturity, and ar e payable on demand of the
lenders at any time after 12 months from the date funds have been advanced.
On Behalf of the Board of Directors,
“Paul Cowley”
President and CEO
For further information, please contact:
Paul Cowley: (604) 340-7711
Website: www.indigoexploration.com
Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of
the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.