CALGARY, AB, Feb. 11, 2026 /CNW/ - Genesis Land Development Corp. (the "Company" or "Genesis") (TSX: GDC) is pleased to announce that it has entered into a Credit Agreement (the "Agreement") for a $105 million secured revolving credit facility (the "Credit Facility") with a syndicate of Canadian financial institutions for an initial term of three years. The Credit Facility provides for a revolving loan and letters of credit and is available subject to satisfaction of usual and customary conditions. The revolving loan is available for general corporate purposes, including purchases of land, serviced lots and land servicing activities.
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Genesis Land Development Corp. Announces New $105 Million Secured Revolving Credit Facility
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