The TSX Venture Exchange has accepted for filing a non-convertible debt financing of $500,000 principal amount of promissory note with a non-arm's-length party. The note matures on Sept. 9, 2026, and bears interest at a rate of 12 per cent per annum.
Additionally, the exchange has accepted the issuance of an aggregate of five million bonus warrants to be issued to the lender in connection with the note.
Loan value: $500,000
Bonus securities: five million warrants
Commission terms: Each non-transferable warrant is exercisable at five cents for a two-year period.
Disclosure: Refer to the company's news release dated March 27, 2026.
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