Financings
Jackpot Digital to issue 1.55 million shares for debt

JJJ · Price
Executive Summary
- Jackpot Digital Inc. entered into debt settlement agreements with debentureholders, converting $155,753.30 of accrued interest into equity.
- The company will issue 1,557,534 common shares at C$0.10 per share to settle the obligation.
- Transaction is pending approval by the TSX Venture Exchange and includes a securities hold period.
Key Details
- Settlement Amount: Interest owed in aggregate of $155,753.30 will be extinguished.
- Equity Issuance: 1,557,534 common shares to be issued at C$0.10 per share (total gross consideration of C$155,753.40).
- Hold Period: All shares issued are subject to a hold period in accordance with applicable securities laws.
- Regulatory Approval: The settlement and share issuance require approval from the TSX Venture Exchange.
- Purpose: Full and final settlement of interest obligations; no cash outflow required.
Notable Quotes
(No quotes provided in the release.)
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May 25, 2026 · 19:34