MONTREAL, March 11, 2024 /CNW/ - Taiga Motors Corporation (TSX: TAIG) ("Taiga" or the "Company"), a leading electric off-road vehicle manufacturer, today announced that Export Development Canada ("EDC") has agreed to upsize its existing senior secured credit facility available to Taiga by providing up to approximately $5.25 million of additional funding (the "Upsized EDC Credit Facility") for working capital and general corporate purposes through an amended and restated loan agreement (the "A&R Loan Agreement"), such as supporting its omnichannel retail and dealer network growth.
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