GTEC Enters into Term Sheet for $4.5 Million Debt Financing

Kelowna, BC, March 17, 2020 (GLOBE NEWSWIRE) — GTEC Holdings Ltd. (TSXV:GTEC) (OTC:GGTTF) (FRA:1BUP) (“GTEC” or the “Company”) is pleased to announce that on March 13, 2020, it executed a non-binding term sheet with Trichome Financial Corp. (CSE:TFC) (“Trichome”) for a non-brokered senior secured debt financing (the “Financing”) of CAD $4,500,000 (the “Term Sheet”).
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