Northwire Canada EditionSunday, October 18, 2026
Northwire
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GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0% GOLD 4181.10 +0.3% SILVER 57.30 +0.3% COPPER 6.57 +0.3% OIL 99.02 +1.1% PALLADIUM 1118.60 −0.9% GBU 0.095 +0.0% ATY 0.225 +4.7% GRDM 0.215 +0.0% PPM 0.300 +0.0% GZD 0.040 −11.1% CAN 0.060 +0.0% BGF 0.025 +0.0% MSV 0.570 +0.0% CCMM 0.485 +0.0% MON 0.385 −6.1% OMI 0.245 −2.0% BUFF 0.800 +2.6% FEO 0.630 −3.1% LIB 0.710 −1.4% NPR 0.620 +0.0% QZM 0.380 +0.0%
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 Warrants – 500,000 detachable warrants issued; each warrant allows purchase of one common share at $0.12 per share; term of one year from issuance.
  • Shares for Interest – 500,000 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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