Further to convertible debentures issued pursuant to a private placement originally accepted by the TSX Venture Exchange on June 14, 2023, the exchange has consented to an amendment of the original convertible debentures. The company is not receiving any new additional funds.
Original convertible debentures -- maturity date and underlying warrant expiry: Nov. 29, 2025
Amended convertible debentures -- maturity date and underlying warrant expiry: Jan. 28, 2026
Original convertible debentures -- acceleration clause: not applicable
Amended convertible debentures -- acceleration clause: not applicable
The amount of aggregate principal outstanding is $1,454,000. All other details of the amended convertible debentures remain unchanged from the original convertible debentures.
For further information, please refer to the company's news releases dated June 30, 2025, and Nov. 28, 2025.
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