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Financings

Jackpot Digital to issue 1.55 million shares for debt

By The Northwire Desk — AI Analysis Jan 26, 2026 · 19:50 JJJ · 0.09 37 Capital Inc
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.)

Read the original news release →

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