ASF Group Limited entered into a Loan Agreement with Key Petroleum Limited for the granting of an unsecured loan of AUD 250,000 to KEY. Principal terms of the Loan include: (a) Interest Rate - 10% per annum, payable on a quarterly basis; (b) Loan Maturity Date - 30 September 2021; and (c) Repayment - any outstanding Loan and interest is repayable in cash: (i) on the Loan Maturity Date; or (ii) any time prior to the Loan Maturity Date by ASF giving 45 days written notice to KEY; or (iii) any time prior to the Loan Maturity Date by KEY giving 15 days written notice to ASF.