LOAN AGREEMENT September 2, 2022
LOAN AGREEMENT
September 2, 2022
Richard N. Jeffs (the “Lender”) of 11750 Fairtide Road, Ladysmith, BC V9G 1K5, advanced CA$1,800 (the “Principal Sum”) to Cell MedX (Canada) Corp. (the “Borrower”) of ###-###-#### Pender Street West. Vancouver, BC V6E 4A4. The Lender advanced the funds on September 2, 2022. As per request of the Borrower, the Lender transferred the Principal Sum into the account of Cell MedX Corp., the Borrower’s parent corporation with an address at 123 W. Nye Ln, Suite 446, Carson City, NV 89706.
The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 6% per year (the “Interest”) calculated from September 2, 2022 (the “Effective Date”). The Borrower is liable for repayment of the Principal Sum, accrued Interest, and any additional costs that the Lender incurs in trying to collect the amount owed to him under the terms of this Loan Agreemen.
LENDER | BORROWER |
Richard N. Jeffs | Cell MedX (Canada) Corp. |
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Per: | Per: |
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/s/ Richard N. Jeffs | /s/ Yanika Silina |
Richard N. Jeffs | Yanika Silina, Director |