JG Wealth extends US $4M loan to DragonWave X Canada




For Immediate Release

JG Wealth Management Corp. Announces extended term of US$4 Million Loan to DragonWave X Canada Inc.

Delta, B.C. – February 2, 2018 – JG Wealth Management Corp. (“JG Wealth” or the “Company”) (CSE: JGW) (FFT: 713) announces that it has agreed to extend the due date of its loan of October 24, 2017 to DragonWave-X Canada, Inc. (“Loan”). The Loan had a repayable date of January 24, 2018. The extended repayable date is April 24, 2018 and the new principal amount owing is USD$4,400,000 at an 8% interest rate.

For more information, please contact:
Sonny Janda, Director (604) 357-4730