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USCOM LIMITED — Capital/Financing Update 2025
Jan 15, 2025
65979_rns_2025-01-15_b5961b40-f36f-4fe4-a85a-fe68e842039a.pdf
Capital/Financing Update
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ASX ANNOUNCEMENT
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16 January 2025
Related Party Short Term Loan
Uscom Limited was provided with short term funding by its Executive Chairman, Assoc. Prof Robert Phillips in December 2024. The company has finalised the terms of the loan by way of an agreement, the details of which follow:
| Date | 16 Janua | ry 2025 |
|---|---|---|
| Amount | US$635, | 000 |
| Purpose | Working | capital |
| Interest rate | 8% paya | ble monthly |
| Security | Unsecure | d |
| Term | Repayabl | e on 30 June 2025 |
This announcement authorised by the board of Uscom Limited.
Brett Crowley Company Secretary
Uscom Limited (ABN 35 091 028 090) Suite 2, Level 8, 66-74 Clarence Street, Sydney NSW 2000 T +612 9247 4144 F +612 9247 8157 www.uscom.com.au
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