Clearford Water Systems Inc. announced that it has entered into 2 additional new loan agreements for USD 1.3 million (Tranche 3). The proceeds of tranche 3 will 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 November 27th, 2030. The loans are each valued at USD 650,000, 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.