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Wellnex Life Limited (ASX:WNX)
ALERT: Price-sensitive ASX Announcement for WNX
Current share price for WNX : $0.047 -0.028 (-37.33%)+
Announcement
Release
23 Apr 2026 9:03AM
Price at Release
$0.075
Full Release
Summary
Wellnex Life Limited (ASX/AIM: WNX) announced an extension for the repayment of loans to former directors amounting to approximately $2.88 million, which includes interest. Initially due by April 20, 2026, the repayment is now extended to July 21, 2026, with an option to further extend to August 21, 2026, for an additional $50,000 payment added to the loan principal. Interest will accrue at 10%. The company may repay the loan earlier if it receives sufficient funds from a corporate transaction. Additionally, former CEO Zack Bozinovski will provide consulting services to the company.
Key Points
- Loan repayment to former directors extended to July 21, 2026.
- Option to extend repayment to August 21, 2026, for $50,000.
- Interest on loan set at 10%.
- Early repayment possible if funds from a corporate transaction are acquired.
- Former CEO Zack Bozinovski to provide consulting services.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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