Good Spirits Hospitality Limited announced that it has agreed a waiver with its lender Pacific Dawn Limited in respect of the interest due and payable for the quarter ended 31 December 2021. The unpaid interest will be capitalised to the outstanding loan and bear interest. The waiver has been provided as a result of the impact of COVID related restrictions on the reopening of GSH's venues and the need to build up working capital after a period of prolonged closure, and for which, in addition, Pacific Dawn has agreed to make available a further $500k in funding from previously approved facilities for this purpose.