Indiva Limited (OTCQX: NDVAF) (TSXV:NDVA) intends to seek approval from the TSX Venture Exchange and each of the outstanding holders of the aggregate amount of $2.99 million 10% interest bearing unsecured convertible debentures, convertible into common shares in the capital of the company, which were issued on December 23, 2019, January 20, 2020 and February 4, 2020 by way of private placements, to amend the terms of the debentures.

Under the proposed amendment to the debentures the company will:

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