Company: COOT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001493152-25-005620
Chunk: 28

Company: Australian Oilseeds Holdings Ltd
Filing Date: 2025-02-10
Form: 10-Q
Item: Item 8
Chunk 28
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863,250  
     -  
     3,863,250 
  
    JSKS
    Enterprises Pty Ltd. Loan 
     100,925  
     4,431,136  
     4,532,061 
  
    CQ
    Oilseeds Pty Ltd. loan 
        
     59,371  
     59,371 
  
    Sunmania
    Pty Ltd loan 
     152,000  
     40,000  
     192,000 
  
    Less:
    Origin Food loan receivable 
     (4,514) 
     -  
     (4,514)
  
    Total
    due to related parties 
     4,111,661  
     4,530,507  
     8,642,168 

    American
    Physicians LLC promissory note (3) 
     968,216  
     273,676  
     1,241,892 

    Energreen
    Nutrition Australia Pty Ltd. accounts payable (Note 7) 
     589,166  
     -  
     589,166 

    (1)
    Includes
    $1,164,860 of accrued interest.

    (2)
    Includes
    $24,964 of accrued interest.

Interest
paid to Energreen Nutrition Australia Pty Ltd. was Nil and AUD$28,874 for the three months ended 30 September 2024 and 2023, respectively.

Promissory
Notes

On
March 21, 2024, the Company issued two promissory notes in the principal amounts of USD$450,000 (the “First Promissory Note”)
and USD$500,000 (the “Second Promissory Note”) to American Physicians, LLC.

The
First Promissory Note accrues interest on the principal outstanding from time to time at a rate per annum equal to term SOFR for the
interest period commencing on March 21, 2024. Interest shall be calculated on the basis on a 360-day year and actual days elapsed. The
First Promissory Note principal and accrued interest are due and payable as follows:

(i)
USD$112,500 plus any accrued but unpaid interest shall be paid on September 21, 2024;

(ii)
USD$112,500 plus any accrued but unpaid interest