Exhibit 4.2
To: | Mr. Paul Mazor |
CC: | Mr. Josef Zelinger |
From: | Mr. James Nathanielsz |
Subject: | Loan to Propanc Biopharma Inc. |
Dear Mr. Mazor,
The Board of Directors at Propanc Biopharma Inc. (“Propanc’’) confirm acceptance and receipt of funds for the sum of one hundred thousand Australian dollars (AUD 100,000) from Paul Mazor (the “lender’’) of Apt 2903, 389/1413 The Peak Towers, M. Kasetsin 9 Rd. Nong Prue, Banglamuang, Chonburi, Thailand 20150 (“address’’).
The loan to Propanc is subject to the following terms & conditions:
● | Amount: A$100,000.00 | |
● | Term: 1 year or earlier at the discretion of the borrower. | |
● | Commencement date: 05 June 2024 | |
● | Interest rate: 12% pa |
Sincerely,
James Nathanielsz
Chief Executive Officer
Approved by,
Dr Julian Kenyon
Director
Approved by,
Mr Paul Mazor
Investor
p: +61 (0)3 9882 0780 a: 302/6 Butler Street, Camberwell, VIC 3124, AUSTRALIA w: www.propanc.com