
Loan & DebtJun 30, 2026, 06:07 AM
Greenbriar Amends CAD $1.0M Convertible Debenture & Warrants
AI Summary
Greenbriar Sustainable Living Inc. announced the acceptance by the TSX Venture Exchange of amendments to its CAD $1.0 million unsecured convertible debenture and associated warrants. The debenture's maturity date and conversion period have been extended by two years to June 30, 2028, and its conversion price reduced from CAD $1.25 to CAD $1.00 per common share. Additionally, the expiry date of the 460,000 detachable common share purchase warrants has been extended by two years to June 30, 2028, with the exercise price remaining unchanged at CAD $1.30.
Key Highlights
- CAD $1.0 million convertible debenture amended.
- Debenture maturity extended by 2 years to June 30, 2028.
- Debenture conversion price reduced from CAD $1.25 to CAD $1.00 per share.
- Warrants expiry extended by 2 years to June 30, 2028.
- Warrants exercise price remains CAD $1.30 per common share.
- Debenture bears 12% annual interest.
- Maximum 1,000,000 common shares convertible from debenture.
Price Impact
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