Update on iGoDirect Group Pty Ltd $1 million loan

My Rewards International Limited (ASX: $MRI) has provided a further update on the iGoDirect Group Pty Ltd (iGoDirect Group) $1 million loan, extending the due date to the 9th of April 2024. The company is finalizing discussions with iGoDirect in relation to the loan and expects to provide a formal update by 9th April 2024.

Executive Commentary on Loan Extension

The Company and iGoDirect Group Pty Ltd have mutually agreed to extend the due date of the $1 million loan to the 9th of April 2024. We are currently finalizing discussions with iGoDirect and anticipate providing a formal update by the specified date. This decision reflects our commitment to working collaboratively with iGoDirect Group to ensure a mutually beneficial outcome for both parties.

Summary of Loan Extension and Outlook

My Rewards International Limited (ASX: $MRI) has announced the extension of the iGoDirect Group Pty Ltd $1 million loan due date to the 9th of April 2024. The company is in the process of finalizing discussions with iGoDirect and aims to provide a formal update by the specified date. This extension demonstrates the ongoing collaboration between My Rewards International and iGoDirect Group, highlighting the commitment to reaching a favorable resolution. The company remains focused on maintaining transparent communication and fostering positive relationships with its partners.