Northwire Canada EditionFriday, July 10, 2026
Sign inSubscribe
Northwire
⌕
S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.05 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.32 +12.1% TUNG 1.73 +2.4% LGO 1.00 −3.4% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.50 +1.1% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0% S 0.165 +37.5% NNX 0.035 +0.0% ABX 52.05 −0.3% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.32 +12.1% TUNG 1.73 +2.4% LGO 1.00 −3.4% EMM 0.080 +0.0% OGN 3.45 +2.1% MSA 6.50 +1.1% SGZ 0.040 −11.1% GRSL 0.307 −3.9% DEX 0.380 −1.3% WMS 0.040 +0.0%
Financings

DST Announces A Partial Settlement Of Financial Obligation

By The Northwire Desk — AI Analysis Nov 07, 2025 · 15:30 DST · 0.08 Dundee Sustainable Technologies Inc.
DST · Price

Executive Summary

  • Dundee Sustainable Technologies Inc. (DST) settled the outstanding obligation on its $5.7 million convertible debenture that matured on May 15, 2025.
  • The settlement was executed under the original terms with Dundee Corporation acting as guarantor, fully discharging DST of this specific financial liability.
  • DST indicated that additional agreements are being pursued to further improve its long‑term financial stability and flexibility.

Key Details

  • Convertible Debenture: $5.7 million originally issued; matured May 15, 2025 without repayment.
  • Settlement Agreement: Completed in accordance with the original terms and conditions; guarantor Dundee Corporation (DC) satisfied the obligation on DST’s behalf.
  • Resulting Status: DST is now discharged from any further liability related to this convertible debenture.
  • Remaining Loans: $20 million in loans that also matured on May 15, 2025 remain outstanding; no settlement disclosed at this time.
  • Management Comment: “We are pleased to have resolved this portion of our financial commitments… meaningful progress toward restoring financial flexibility.” – Jean‑Philippe Mai, CEO.
  • Future Updates: DST will provide further information as additional agreements concerning the remaining obligations are finalized.

Notable Quotes

“We are pleased to have resolved this portion of our financial commitments,” said Jean‑Philippe Mai, CEO of DST. “This agreement represents meaningful progress toward our goal of restoring financial flexibility and ensuring the sustainability of our business.”

Read the original news release →

More from Dundee Sustainable Technologies Inc.

Jun 18, 2026 · 09:10

Privatization at $0.03/share resolves $24M debt crisis but leaves minority shareholders with pennies as the company goes private.

M&A / Property Jun 04, 2026 · 17:50

Dundee Sustainable Technologies to be Privatized by Parent Dundee Corp at $0.03 per Share Following Shareholder Approval

M&A / Property Apr 02, 2026 · 19:18

Dundee Sustainable enters definitive go-private deal

M&A / Property Apr 02, 2026 · 09:48

Dundee Sustainable Technologies Enters Into a Definitive Agreement to be Privatized by Dundee Corporation

M&A / Property Nov 07, 2025 · 18:01

Dundee Sustainable discharged from debenture obligation

Other