AITX signs $5M revolving credit term sheet to support growth without dilution

Artificial Intelligence Technology Solutions Inc.

Term sheet signed for up to $5M revolving credit facility; subject to definitive agreement.
Lender is well-established with 20+ years history; due diligence completed by both parties.
Interest rate ~14% plus fees; interest-only payments for the first year.
CEO says facility will fund inventory and finished goods without dilutive stock sales.
Company expects to close the deal in the next few weeks.

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