Business NewsMarketWire • Urban Select Capital Signs $150,000 Loan Agreement

Urban Select Capital Signs $150,000 Loan Agreement

Urban Select Capital Signs $150,000 Loan Agreement

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec. 24, 2015) - Urban Select Capital Corporation (TSX VENTURE:CH) (the "Company") today announced that it has signed a Loan Agreement ("Loan Agreement") in the amount of $150,000 with a strategic investor. Interest will accrue on the principal amount at the rate of 5% per annum, compounded monthly, not in advance and payable on December 10, 2016. The Company has the option of pre-paying the principal and all outstanding interest accrued at any time without penalty.

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