Golden Triangle Ventures (OTC: GTVH) (“GTV”), a multifaceted consulting company pursuing ventures across multiple dynamic industries, today announced that its management team has renegotiated the terms of investment from its primary note holder, TK Zarro LLC. According to the update, TK has agreed to convert all of its Series H Preferred shares of Golden Triangle Ventures into convertible debt. Golden Triangle Ventures has executed an amended loan agreement with TK, which will permit the company to access additional capital through a $5,000,000 credit facility. “As we have grown faster than I ever imagined within the past 12 months, the capital requirements needed to launch the many projects within Golden Triangle Ventures have also grown,” GTVH CEO Steffan Dalsgaard said in the news release. “TK Zarro has been there to support our needs time and time again. Consolidating all of his past investments into this credit facility will bolster our corporate structure and provide a much friendlier and less dilutive funding instrument that will continue to help our company grow.”
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About Golden Triangle Ventures Inc.
Golden Triangle Ventures is a multifaceted consulting company pursuing ventures in the health, entertainment, technology, fulfillment and food and beverage industries, with many additional projects being developed that provide synergistic values to these divisions. The company aims to purchase, acquire and/or joint venture with established entities that management can help assist and develop into unique opportunities. Additionally, Golden Triangle provides a professional corporate representation service to different companies in these sectors while consulting on a variety of business development objectives. The goods and services represented are driven by innovators who have passion and commitment to these marketplaces. The company plans to utilize relationships and create a platform for new and existing businesses to strengthen their products and/or services. For more information, visit the company’s website at www.GoldenTriangleInc.com.
NOTE TO INVESTORS: The latest news and updates relating to GTVH are available in the company’s newsroom at https://ibn.fm/GTVH
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