Win win RNS2 Aug 2024 10:54
31 October 2024 for MCK Tech to make the final payment. This debt will incur interest at an annual rate of 10.0% and in the event of default the sale agreement provides for payments already made to Versarien to be retained by the Company, with title to the assets remaining with Versarien. In agreeing to extend the final repayment date, Versarien has taken account of MCK Tech's reported business progress in CVD (Chemical Vapor Deposition) graphene applications.