09:12 AM EDT, 07/03/2025 (MT Newswires) -- Water company Flow Beverage ( FLWBF ) , trading near 52 week lows, said Thursday that it has been advanced the amount of $2 million under the previously announced secured convertible loan with RI Flow.

Up to $2 million remains to be funded subject to the terms of the loan, the company said.

RI Flow is an affiliate of Clifford Rucker. RI Flow, Rucker and NFS Leasing Canada collectively own more than 10% of the voting rights attached to Flow's outstanding voting securities on a partially diluted basis.

Flow's share price edged up on Wednesday to $0.055 on the TSX.