Northwire Canada EditionThursday, July 16, 2026
Northwire
FCI 0.380 +0.0% GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.035 −12.5% CPL 0.180 −5.3% OTMC 0.400 +0.0% FCI 0.380 +0.0% GGAU 0.190 +0.0% KIRO 0.640 +0.0% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.100 +0.0% SHL 0.360 +1.4% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.46 +0.2% CAM 0.330 −1.5% SYH 0.400 −1.2% LOT 0.035 −12.5% CPL 0.180 −5.3% OTMC 0.400 +0.0%
Financings

Hampton Agrees to Issue Shares for Debt

HFC · Price

Executive Summary

  • Hampton Financial Corp. reached agreements to settle $4 M of principal debentures and a $5.2 M quarterly interest payment by issuing 10,528,141 subordinate voting shares at $0.40 per share.
  • The transactions are expected to close on or before December 31, 2025, subject to TSX‑V approval, and will strengthen the balance sheet while reducing cash funding costs.
  • Management anticipates a meaningful positive impact on 2026 financial results.

Key Details

  • Settlement Amounts: $4 M principal debentures + $5.2 M quarterly interest payment.
  • Consideration: Issuance of subordinate voting shares at a deemed price of $0.40 per share.
  • Shares to be Issued: 10,528,141 subordinate voting shares.
  • Closing Timeline: On or before December 31, 2025, pending TSX‑V Exchange approval.
  • Purpose: Strengthen balance sheet and lower cash cost of funding operations.
  • Expected Impact: Management expects a meaningful positive effect on 2026 results.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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