My Rewards International Ltd has entered into agreements with iGoDirect Group Pty Ltd to reduce its loan facility by $725,000 through the sale of 20 client agreements and licensing of its IP, alongside extending the repayment terms of existing loans.
These arrangements aim to mutually benefit both companies by reducing My Rewards' debt and allowing iGoDirect access to new markets and the ability to enhance My Rewards benefits with specific rewards, without significantly changing the nature or scale of My Rewards International Ltd's activities.
ASX Code: MRI