Sylla Gold Corp. Issues Promissory Notes for Working Capital

Bedford, Nova Scotia–(Newsfile Corp. – February 7, 2025) – Sylla Gold Corp. (TSXV: SYG) (OTCQB: SYGCF) (“Sylla” or the “Company”) announces it has issued unsecured non-interest bearing promissory notes (the “Promissory Notes”) in the aggregate of $97,500 (the “Principal Amount”), to arm’s length and non-arm’s length creditors of the Company (collectively, the “Creditors”). The Promissory Notes are payable upon receipt of a demand notice by the holder and the Principal Amounts were used by the Company for general working capital purposes.

Expanding Sylla Gold Corp.’s Financial Reach

This move by Sylla Gold Corp. to issue promissory notes for working capital demonstrates the Company’s commitment to strengthening its financial position and ensuring liquidity for its operations. By securing funds through non-interest bearing notes, Sylla Gold Corp. can allocate resources more efficiently towards its ongoing projects and initiatives, ultimately driving growth and profitability.

Impact on Stakeholders

Both arm’s length and non-arm’s length creditors of Sylla Gold Corp. stand to benefit from the issuance of the promissory notes. The non-interest bearing nature of the notes indicates a low financial burden on the Company, while providing creditors with a viable investment opportunity. This strategic financial move is likely to instill confidence in shareholders and investors, showcasing Sylla Gold Corp.’s proactive approach to managing its resources.

How This Development Affects You

As a shareholder or investor in Sylla Gold Corp., this announcement signifies the Company’s proactive efforts to enhance its financial stability and operational efficiency. The issuance of promissory notes for working capital purposes indicates a strategic approach to managing liquidity and supporting ongoing business activities. This move may reflect positively on the Company’s performance and potentially lead to increased shareholder value in the long term.

Global Implications of Sylla Gold Corp.’s Financial Strategy

Sylla Gold Corp.’s decision to issue promissory notes for working capital aligns with global trends in corporate finance, as companies seek innovative ways to ensure financial sustainability and growth. By leveraging non-interest bearing instruments to secure funds, Sylla Gold Corp. sets a precedent for efficient capital management practices that may influence industry standards and investor perceptions on a broader scale.

Conclusion

In conclusion, Sylla Gold Corp.’s issuance of promissory notes for working capital represents a strategic financial move aimed at enhancing the Company’s liquidity and operational flexibility. By utilizing non-interest bearing instruments, Sylla Gold Corp. demonstrates its commitment to prudent financial management and value creation for stakeholders. This development not only impacts the Company’s immediate stakeholders but also sets a precedent for innovative financial strategies in the global business landscape.