KeyStar Corp. borrows additional $425K under line of credit; total outstanding $8.52M

VIP Play, Inc.

Borrowed $425,000 on July 25, 2024 under existing $2M credit line with Excel Family Partners.
Aggregate outstanding principal as of July 29, 2024 is $8,520,000.
Interest accrues at 15% fixed rate per annum, payable monthly.
Note is convertible at 80% of the lowest share price in prior 24 months, causing potential dilution.

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