Mr. William Hessert
reports
BLUSKY CARBON ANNOUNCES AMENDMENTS TO LOAN AGREEMENTS
Blusky Carbon Inc. has made certain
amendments to its existing debt facilities.
The company has amended the loan agreement with its arm's-length lender, as referenced
in the company's news release dated Aug. 13, 2025, increasing the principal amount of the loan to
$5.68-million with a maturity of six months from the advance date. Final deployment of funds under the amended loan agreement remains subject to the due diligence and
sole discretion of the lender.
The additional proceeds will be used to satisfy existing liabilities and for general corporate purposes.
There will be no finders' fees or commissions payable in connection with these amendments.
Further, the company has amended the terms of the secured debenture entered into on Feb. 11,
2025, by extending its maturity date to Sept. 30, 2026, in consideration for payments totalling
$400,000 (U.S.), which payments have been made, and an extension fee of $150,000 (U.S.).
In addition, the company has amended the terms of its convertible debenture financing entered into on
Feb. 14, 2025, increasing the principal amount from $750,000 to $900,000 in
consideration for the waiver of certain default rights by the holder.
About Blusky Carbon Inc.
Blusky is
a renewable energy company that is in the business of putting carbon back into the ground where it
belongs. The company converts organic and industrial waste into biochar, renewable power and carbonate
rocks as well as develops and sells carbon capture technology. Blusky's primary objectives are
to: (1) construct carbon removal equipment; (2) sell the biochar produced by the carbon removal equipment;
and (3) sell carbon credits generated from the production of biochar. The company's business model is
based on the growing need for carbon neutrality and demand to reduce CO2 (carbon dioxide) emissions.
Blusky Carbon is publicly listed in Canada on the Canadian Securities Exchange with the trading symbol BSKY, on the OTCQB as
BSKCF and in Frankfurt, Germany (Frankfurt Stock Exchange) with the identifier QE4.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.