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DIRTT Environmental Solutions Announces C$15 Million from Business Development Bank of Canada

BY MT Newswires | ECONOMIC | 12/11/25 05:27 PM EST

05:27 PM EST, 12/11/2025 (MT Newswires) -- DIRTT Environmental Solutions (DRTTF) Thursday said it signed an agreement with the Business Development Bank of Canada under which the lender has agreed to lend the company up to C$15 million.

If finalized, DIRTT would receive the funds in staged funding of $10 million and $5 million. It will pay around 5.80% interest at current rates and start repaying principal in 2026, and fully repay the loan by 2032.

"This financing represents another important step in optimizing our capital structure and strategically positions us to continue executing on our transformative growth plan," said chief executive Benjamin Urban.

Shares of the company closed up $0.02 to $0.89 on the Toronto Stock Exchange.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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