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MTL Cannabis Corp. Closes $27 Million Credit Facility with Canadian Schedule 1 Bank

Newswire.ca - Wed Jul 30, 2025

PICKERING, ON, July 30, 2025 /CNW/ - MTL Cannabis Corp. (CSE: MTLC) (OTCQX: MTLNF) (the "Company") is pleased to announce that it has closed a credit agreement (the "Credit Facility") with a leading Canadian Schedule 1 bank for an aggregate of approximately $27 million. The purposes of the Credit Facility are to (i) assist with growth capital expenditures, (ii) finance working capital needs for the Company, and (iii) refinance pre-existing debts (the "Existing Debts").

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