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Adex Mining Secures $1M Loan
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Adex Mining Inc. secures a new $1 million loan from its major shareholder, Great Harvest, at 8% per annum, maturing in 2025, in a related party transaction approved by a special committee.
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Could this loan agreement with its major shareholder signal a shift in Adex Mining's financial management or corporate structure?
How might this loan agreement impact Adex Mining's strategic initiatives or expansion plans?
What measures are in place to ensure transparency and fairness in related party transactions like this loan agreement?
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