Memex Inc. announced that it has finalized 19 month loan facility extension arrangements with its secured lenders in conjunction with Officers of Memex (Lenders), on the remaining $209,000 (Loan) balance (secured lenders - $195,000, Officers of Memex - $14,000). Previously scheduled to mature on March 31, 2024, these arrangements extend the maturity date to October 31, 2025, with the same repayment terms, and no changes to the effective interest rates or security arrangements. No refinancing fee or other incentives were provided to the Lenders for their agreement to extend the maturity of the loan.