Clearford Water Systems Inc. announced that it has entered into 2 additional new loan agreements for $900,000. The proceeds of from this financing will again be used to strengthen Clearford's balance sheet and fund project related working capital requirements including debt servicing of previously issued loans. The loan bears interest at 9.75% per annum and matures on December 12th, 2030. The loans are each valued at $450,000, both bear interest of 9.75% payable semi-annually in May and November of each year. A setup fee of 4% is payable on the new loans. The Company provided a general security agreement over the assets of its subsidiary Clearford Koester Canada Inc.