Indico Resources Ltd. is pleased to announce that, pursuant to its news releases dated November 29, 2023 and January 10, 2024, the Company has closed on a $60,000 convertible loan facility, in order to pay outstanding account and exchange related fees . The Convertible Loan carries an interest rate of 25% per annum, and will be payable on a date to be determined after the Company's next financing, but will be no later than September 22, 2027. Lenders shall have the option to convert the balance of the principal amount into common shares of the Company , at a price of $0.20 per Share . Additionally, the lenders will have the option to convert any accrued interest into Shares at a price that is the greater of: the Conversion Price; or the market price of the Shares on the NEX b...