The Board of Directors announced that 333D Ltd. has entered into an agreement with LAX Consulting Pte Ltd. of Singapore for a reduction and extension to the existing debt funding facility. The Loan of $600,000 required interest payable at the rate of 15% per annum (in the event of default, 20% per annum). The expiry date of the Loan was 30 June 2020. The Company advises that the Loan will be extended for a period of 12 months expiring on 30 June 2021 at the rate of 10% per annum (in the event of default, 10% per annum). Additionally, the Company has negotiated with the lender an interest free period of 6 months commencing 1 July 2020. All other terms remain unchanged.