LOAN AGREEMENT January 30, 2023
January 30, 2023
Xxxxxxx X. Xxxxx (the “Lender”) of 00000 Xxxxxxxx Xxxx, Xxxxxxxxx, XX X0X 0X0, xxxxxxxx XX$7,500 (the “Principal Sum”) to Cell MedX (Canada) Corp. (the “Borrower”) of 820 - 0000 Xxxxxx Xxxxxx Xxxx. Vancouver, BC V6E 4A4. The Lender advanced the funds on January 30, 2023. As per request of the Borrower, the Lender transferred the Principal Sum into the account of Cell MedX Corp., the Borrower’s parent corporation with an address at 000 X. Xxx Xx, Xxxxx 000, Xxxxxx Xxxx, XX 00000, in three separate EFT transfers of CA$2,500 dated for reference January 30, 2023, January 31, 2023, and February 1, 2023.
The Borrower agrees to repay the Principal Sum on demand, together with interest calculated and compounded monthly at the rate of 6% per year (the “Interest”) calculated from January 30, 2023 (the “Effective Date”). The Borrower is liable for repayment of the Principal Sum, accrued Interest, and any additional costs that the Lender incurs in trying to collect the amount owed to him under the terms of this Loan Agreement.
XXXXXX | XXXXXXXX |
Xxxxxxx X. Xxxxx | Cell MedX (Canada) Corp. |
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Per: | Per: |
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/s/ Xxxxxxx X. Xxxxx | /s/ Xxxxxx Xxxxxx |
Xxxxxxx X. Xxxxx | Xxxxxx Xxxxxx, Director |
