Mill City Ventures enters $5M revolving credit facility at 8% interest, secured by all assets

SUI Group Holdings Ltd.

$5M revolving line of credit from Eastman Investment and Lyle A. Berman Revocable Trust, maturing January 3, 2027.
Interest accrues at 8% per annum; obligations secured by substantially all of Mill City's assets.
Quarterly unused commitment fee of 0.25% payable in common shares based on net asset value.
Lenders can terminate credit after January 3, 2023; loan must then be repaid from specified investment proceeds.
Lenders granted piggyback registration rights for shares issued as commitment fees.

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