21:13:34 EDT Fri 11 Jul 2025
Enter Symbol
or Name
USA
CA



Direct Communication Solutions Inc (2)
Symbol DCSI
Shares Issued 2,487,223
Close 2025-06-17 C$ 3.12
Market Cap C$ 7,760,136
Recent Sedar Documents

Direct Communication cancels debenture offering

2025-06-20 16:32 ET - News Release

Mr. Chris Bursey reports

DCS ANNOUNCES ISSUANCE OF PROMISSORY NOTES

Direct Communication Solutions Inc. will not pursue its previously announced convertible debenture offering. The company instead has issued to arm's-length investors interest-bearing promissory notes in the principal amount of $250,000.

Pursuant to the promissory notes, the company and the lenders have agreed to a term of 24 months, at an annual interest rate of 19 per cent. The company may prepay the principal amount of the promissory note in whole, or in part, at any time or from time to time without premium or penalty.

The lenders will be issued a total of 50,000 bonus warrants in connection with the loan, with each warrant being exercisable at $3.12 per common shares for a period of two years. The loan and issuance of warrants remain subject to regulatory acceptance.

About Direct Communication Solutions Inc.

Direct Communication is a technology solution integrator focusing on connecting the Internet of Things. It provides real solutions that solve real problems. Its software applications and scalable cloud services collect and assess business-critical data from all types of assets. Direct Communication is headquartered in San Diego, Calif., and is publicly traded on the Canadian Securities Exchange and on the Frankfurt Stock Exchange.

We seek Safe Harbor.

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