OTTAWA,
March 19, 2013 /CNW/ - Botaneco Corp.
(the "Company") (TSXV: BOT), a leading natural specialty
ingredients company providing key ingredients to the food and
personal care industries announces today that its subsidiary
Natunola Health Biosciences Inc. ("NHB") has entered into an
agreement with Avrio Ventures Limited Partnership ("Avrio")
to extended the maturity date of the subordinated debenture in the
principle amount of $500,000 (the
"Debenture") issued by NHB to Avrio on March 22, 2011. The Debenture was scheduled
to mature on March 23, 2013.
The maturity date has now been extended to March 23, 2014. The other terms of the
Debenture remain unchanged.
The Company is pleased to have this extension as
this will help the Company maintain and preserve liquidity, so it
can focus on continued business, operations and growth in Natunola
Health Inc., a wholly-owned subsidiary of the Company based in
Winchester, Ontario.
About the Company:
For more information regarding Botaneco Corp. please visit
www.botanecocorp.com or www.sedar.com
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Botaneco Corp.
