Eviation Aircraft Ltd. | CIK:0001064411 | 3

  • Filed: 4/27/2018
  • Entity registrant name: Eviation Aircraft Ltd. (CIK: 0001064411)
  • Generator: GoXBRL
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1064411/000117891318001296/0001178913-18-001296-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1064411/000117891318001296/evtnf-20171231.xml
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  • EDGAR Dashboard: https://edgardashboard.xbrlcloud.com/edgar-dashboard/?cik=0001064411
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    • ifrs-full:DisclosureOfLoansAndAdvancesToBanksExplanatory

    NOTE 7 –    BANK LOAN:

    On December 21, 2017 the Company received a loan in the amount of NIS 500 thousand ($144 thousand) for a period of 3 months which was extended on a weekly basis until repaid on April 16, 2018. The loan bears annual interest of 5.4% and is secured by a private guarantee from Mr. Aviv Tzidon and the Company's CEO.