Loan Agreement dated June 3, 2024

Contract Categories: Business Finance - Loan Agreements
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 Propanc Biopharma Inc.

 

Dear Susan Loizou,

 

The Board of Directors at Propanc Blopharma Inc. (“Propanc”) 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 Propanc is subject to the following terms & conditions:

 

  Amount: A$20,000.00
  Term: 1 year or less at the discretion of Propanc (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