Further to the TSX Venture Exchange bulletin dated April 30, 2021, Jan. 9, 2023, Dec. 29, 2023, and Jan. 2, 2025, the exchange has accepted a fourth amendment with respect to the company's $500,000 senior secured debenture with an interest rate of 12 per cent per annum, payable monthly in arrears, with an arm's-length lender, originally dated May 6, 2021, first amended on Dec. 15, 2022, second amended on Dec. 29, 2023, and third amended on Dec. 16, 2024. Pursuant to the fourth amending agreement, dated Dec. 31, 2025, the parties agreed to further extend the repayment date of the debenture and the expiry date of 1.6 million bonus warrants until May 6, 2026.
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