Exhibit 4.1
To: | Dr Nick Loizou / Susan Loizou |
CC: | Mr. Josef Zelinger |
From: | Mr. James Nathanielsz |
Subject: | Loan to Propanc Biopharma Inc. |
Dear Susan Loizou,
The Board of Directors at Propanc Blopharma Inc. (“Propanc”) confirm acceptance and receipt of funds for the sum of twenty thousand Australian dollars (AUD 20,000) from Susan Loizou (the “Lender”) of 40 Highland Road, Keilor, Vic 3036 (“address”).
The loan to Propanc is subject to the following terms & conditions:
● | Amount: A$20,000.00 | |
● | Term: 1 year or less at the discretion of Propanc (the borrower). | |
● | Commencement date: 03 June 2024 | |
● | Interest rate: 12% pa |
Sincerely,
James Nathanielsz
Chief Executive Officer
Approved by,
Dr Julian Kenyon
Director
Approved by,
p: +61(0)39882 0780 a: 302/6 Sutler Street, Camberwell, VIC 3124, AUSTRALIA w : www.propanc.com