Northwire Canada EditionFriday, July 10, 2026
Northwire
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Financings Neutral

DR. PHONE FIX ANNOUNCES EXTENSION OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

DPF · Price

Executive Summary

  • Dr. Phone Fix Canada Corporation has received approval from the TSX Venture Exchange to extend the deadline for its previously announced non-brokered private placement of convertible debenture units.
  • The new closing deadline for the offering is July 31, 2026.
  • The offering remains subject to final acceptance by the TSXV and targets gross proceeds of up to $2,500,000.

Key Details

  • Transaction Extension: The deadline for the non-brokered private placement of convertible debenture units has been extended to July 31, 2026.
  • Gross Proceeds: The offering targets gross proceeds of up to $2,500,000.
  • Unit Structure: Each Unit consists of:
    • One $1,000 principal amount unsecured convertible debenture.
    • 3,125 common share purchase warrants.
  • Regulatory Status: The offering received approval from the TSX Venture Exchange to extend the deadline but remains subject to final acceptance by the TSXV.
  • Hold Period: All securities issued (including Common Shares issuable upon conversion or exercise of Warrants and Finder's Warrants) are subject to a statutory hold period of four months and one day from the closing of the Offering.
  • Prior Reference: Terms for the Convertible Debentures and Warrants were previously detailed in a news release dated May 19, 2026.
Read the original news release →

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