Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Financings

News Release

CSX · Price

Executive Summary

  • Clean Seed Capital Group Ltd. closed a financing package consisting of a $330,000 secured convertible debenture, 500,000 detachable share purchase warrants, and the issuance of 500,000 shares to extinguish accrued interest.
  • The debenture bears 11% interest, matures on December 31 2026, and is convertible into 1,650,000 common shares at $0.20 per share.
  • Warrants are exercisable at $0.12 per share for one year; the “shares for interest” were issued at $0.10 per share to cancel $50,000 of accrued interest.

Key Details

  • Secured Convertible Debenture – Principal amount: $330,000; Interest rate: 11%; Maturity: December 31 2026; Conversion price: $0.20/share; Converts into 1,650,000 common shares; Secured by a general charge over all assets.
  • The debenture replaces an earlier secured convertible debenture that matured in August 2025.
  • Share Purchase Warrants500,000 detachable warrants issued; each warrant allows purchase of one common share at $0.12 per share; term of one year from issuance.
  • Shares for Interest500,000 shares issued at $0.10 per share to extinguish $50,000 of accrued interest on the debenture.
  • All securities are subject to a four‑month‑plus‑one‑day regulatory hold period under TSX Venture Exchange rules and applicable Canadian securities laws.
  • Transactions were conducted with an arms‑length party.

Notable Quotes

“Graeme Lempriere” – Chairman and CEO, on behalf of the Board. (No additional commentary provided.)

Read the original news release →

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