A Brief Update For Freeway Users.
16 Jun 2023, 16:06
đź“Ł A Brief Update For Freeway Users đź“Ł
In the March update, Freeway shared the information provided by our broker Ardu Prime that, as of 28 February 2023, Freeway’s corporate funds totalled $128.25m, including a credit line of $70m.
We have been advised by Ardu Prime that, at the end of April 2023, total corporate funds increased to $128,546,779.27 and, at the end of May, had increased further to $129,539,288.61.
The Freeway team continues work on its loss verification and recovery plans.
We are waiting on approvals to communicate on other developments and you can expect updates once those approvals have been received.
We understand and respect the need for more frequent, more detailed communication, and we intend to return to such a level as soon as we are able.