Farmers Edge Inc. announced that it has entered into an amendment to its secured credit facility (the "Facility") with Fairfax Financial Holdings Limited and/or certain of its affiliates. The Facility has been increased by $12 million to an aggregate principal amount of $93.37 million. The increased amount was extended on the same terms as the rest of the Facility, including a deferred interest rate of 6% per annum and a maturity date of January 31, 2025.

The net proceeds of the increase in the Facility will be used for working capital and general corporate purposes.