Further to the convertible debentures issued pursuant to a private placement originally accepted by the TSX Venture Exchange on Dec. 1, 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. 22, 2025
Amended convertible debentures -- maturity date and underlying warrant expiry: Nov. 22, 2028
Original convertible debentures -- acceleration clause: none
The amount of aggregate principal outstanding is $2,204,425. 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 release dated Nov. 21, 2025.
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