Tuesday, 02 January 2024 12:17 GMT

Metavista3d Announces Loan Financing


(MENAFN- Newsfile Corp) Vancouver, British Columbia--(Newsfile Corp. - September 15, 2025) - Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (" Metavista3D " or the " Company ") is pleased to announce that it has entered into a loan agreement (the " Loan Agreement ") with an investor from the United Arab Emirates (the " Lender ") pursuant to which Metavista3D may borrow up to a maximum aggregate principal amount of C$12,500,000 (the " Loan ") from the Lender until August 31, 2027. Metavista3D may draw down on the Loan in separate advances (each, an " Advance "), at its sole discretion, with the first Advance to be in the amount of €2,000,000 (approximately C$3,250,000). Interest will accrue on the advanced outstanding principal amount of the Loan based on an interest rate of 3% per annum.

If Metavista3D obtains additional financing from a third party in an amount greater than the then outstanding principal amount of the Loan, Metavista3D will repay any of the outstanding principal amount and any accrued interest in full, and the Loan Agreement will be terminated.

The proceeds from the Loan are to be used by Metavista3D exclusively for the development of the business of Metavista3D or its subsidiaries. As Metavista3D is engaged in research and development and requires available capital for the purpose of developing and expanding its technology, Metavista3D is pleased to have the Loan available for drawdown. At this time, Metavista3D is uncertain of the amount or timing of the drawdowns to the Loan, if any, other than the amount of the first Advance, if and when advanced, and has not allocated the proceeds of the Loan to any particular purpose.

The Lender is not considered a "related party" for the purposes of Multilateral Instrument 61-101 - Protection of Minority Securityholders in Special Transactions. The Lender owns approximately 9.07% of the issued and outstanding voting securities of the Company.

About Metavista3D

Metavista3D Inc., through its wholly owned subsidiary psHolix AG, is developing AI-driven, pseudo-holographic display technologies aimed at enabling glasses-free 3D visualization of spatial content. The Company holds a portfolio of over 20 patents related to this technology. For more information, visit .

Metavista3D's shares are publicly traded and listed in Canada on the TSX Venture Exchange (the " TSXV ") under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T.

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