On June 28, 2018, Signifi borrowed $192,886 USD from the Business Development Bank of Canada (“BDC”) for a term of four years, payable in monthly instalments of principal and interest. This loan bears interest at the bank’s base rate + 3.2%. The loan was repaid in full in September 2021 including all capital and interest. The loan was secured by the assets of Signifi and a guarantee by the Company and its Canadian subsidiaries. All security liens were removed before year-end.

	31-Dec-21			31-Dec-20
Balance, Beginning of Year	$	108,236		$	150,538
Foreign Exchange adjustment		2,076			3,188
Capital repayments in the period		(110,312	)		(45,490	)
		0			108,236
Less: current portion of long term debt		-			(56,471	)
Balance, End of Year	$	0		$	51,765