Loan Agreement dated June 3, 2024
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Business Finance
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EX-4.1 2 ex4-1.htm
Exhibit 4.1
| To: | Dr Nick Loizou / Susan Loizou |
| CC: | Mr. Josef Zelinger |
| From: | Mr. James Nathanielsz |
| Subject: | Loan to Propane Biopharma Inc. |
Dear Susan Loizou,
The Board of Directors at Propane Blopharma Inc. (“Propane”) confirm acceptance and receipt of funds for the sum of twenty thousand Australian dollars (AUD 20,000) from Susan Loizou (the “Lender”) of 40 Highland Road, Keilor, Vic 3036 (“address”).
The loan to Propane is subject to the following terms & conditions:
| ● | Amount: A$20,000.00 | |
| ● | Term: 1 year or less at the discretion of Propane (the borrower). | |
| ● | Commencement date: 03 June 2024 | |
| ● | Interest rate: 12% pa |
Sincerely,
James Nathanielsz
Chief Executive Officer
Approved by,
Dr Julian Kenyon
Director
Approved by,
p: +61(0 ###-###-#### a: 302/6 Sutler Street, Camberwell, VIC 3124, AUSTRALIA w : www.propanc.com
