The Company announced previously on 24 September 2020 entering into an agreement for a short-term loan of GBP 540,000. The Company has only utilised GBP 200,000 of the loan. The Company has signed a term sheet to extend the loan term to the first quarter of 2022 and to use the remaining balance of the loan. This will enable to the Company to achieve initial commercial traction. The Company will update the market when an agreement is executed.