Premier Diversified Holdings Inc. announced that it has entered into agreement for a private placement of secured loan for proceeds of $120,000 on March 8, 2023. The transaction will include participation from returning investor MPIC Fund I L.P., a fund managed by Corner Market Capital Corporation. The Loan matures on March 8, 2024, and bears interest at a rate of 6% per annum.

The Loan is subject to review and acceptance by the TSX Venture Exchange.