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Winchester Equity Expands Loan Agreement with Selma House

Story Highlights
  • Winchester Equity announces a new USD$2,000,000 loan agreement with Selma House.
  • The loan can be converted into a 47.2% ownership stake in Selma, enhancing Winchester’s strategic position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Winchester Equity Expands Loan Agreement with Selma House

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Three Valley Copper Corp ( (TSE:TVC) ) has provided an update.

Winchester Equity Corporation, a company listed on the TSX Venture Exchange, has announced a new secured convertible promissory note with Selma House LLC, a real estate investment and private credit company. The new agreement increases the loan facility to USD$2,000,000, replacing a previous USD$1,000,000 note, and is secured against Selma’s assets. Winchester Equity has the option to convert the loan into a 47.2% ownership stake in Selma, indicating a strategic move to strengthen its position in the real estate investment sector.

More about Three Valley Copper Corp

Average Trading Volume: 287,975

Technical Sentiment Signal: Hold

Current Market Cap: C$2.25M

For a thorough assessment of TVC stock, go to TipRanks’ Stock Analysis page.

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