Mr. Mehdi Azodi reports

BELGRAVIA HARTFORD CLOSES USD $5M CONVERTIBLE DEBENTURE WITH ROUND13 DIGITAL ASSET FUND TO ACQUIRE BITCOIN

Belgravia Hartford Capital Inc. has closed a convertible debenture financing with Round13 Digital Asset Fund in the principal amount of $5-million (U.S.). The entire proceeds from the debenture will be used by Belgravia to buy bitcoin.

The debenture bears interest at a rate of 4 per cent per annum, accrued monthly and paid at the end of the term, and matures two years from the closing date. Both the principal amount and accrued interest are convertible into common shares of Belgravia at a price of 71 cents per share, representing a 40-per-cent premium to the volume-weighted average trading price of Belgravia's common shares for the seven consecutive days as announced on July 16, 2025.

There are no warrants, commission or finders' fees associated with this financing.

Belgravia will deploy the entire $5-million (U.S.) to increase its bitcoin holding from the 40.77 it holds currently. A further announcement will be made upon the completion of the full $5-million (U.S.) bitcoin purchase.

Mehdi Azodi, president and chief executive officer of Belgravia Hartford, said: "During the last 60 days, Belgravia has rapidly executed our initial bitcoin strategy and delivered on our promise to commit 100 per cent of the capital raised to buying bitcoin. Our speed to deploying capital to buying bitcoin will continue to be expedited to increase our growing bitcoin treasury. This financing marks a significant milestone for Belgravia as we continue to enhance our balance sheet and rapidly buy bitcoin. The convertible debenture significantly reduces dilution given the convertible is priced at 71 cents and enables Belgravia to buy more bitcoin than originally anticipated."

In addition, the debenture includes a performance-triggered conversion feature.

If, at any time prior to the maturity date, the VWAP of Belgravia's common shares on the Canadian Securities Exchange equals or exceeds $1.42, or 200 per cent of the conversion price, for 20 consecutive trading days, then 20 per cent of the then outstanding principal (together with a proportionate amount of accrued and unpaid interest) shall automatically convert into common shares of the company without further action required by Round13 DAF.