Minnova Corp. announced that it will issue unsecured promissory note principal amount of CAD 33,000 on July 20, 2023. The Promissory Note will mature twelve months from the date of issuance.

Interest on the outstanding Principal Amount of the Promissory Note will accrue from the original date of issue at a rate of 15%per annum until the Maturity Date. Interest payments will be paid monthly five business days from last calendar day of each month, commencing on January 31, 2024 until the Maturity Date or such earlier date on which the Promissory Note is repaid.