Loan Agreement between Propanc Biopharma Inc. and Susan Loizou dated June 3, 2024
Propanc Biopharma Inc. has received a loan of AUD 20,000 from Susan Loizou. The loan starts on June 3, 2024, with a term of up to one year, at Propanc's discretion. The interest rate is 12% per year. The agreement is signed by Propanc's CEO and a director, confirming the terms and receipt of funds.
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
