Hampton to Issue Shares for Debt

Executive Summary

• Hampton Financial Corporation proposes to issue 351,914 subordinate voting shares to settle a quarterly interest payment on existing debentures.
• The transaction involves the settlement of $117,891.12 in interest owed to the debenture holder, utilizing shares priced at a deemed value of $0.335 per share.
• The effective closing date for this debt settlement is June 30, 2026, subject to TSX Venture Exchange approval.

Key Details

• Issuer: Hampton Financial Corporation (TSXV: HFC)
• Instrument: Subordinate voting shares
• Quantity of Shares: 351,914
• Deemed Price Per Share: $0.335
• Total Value of Shares Issued: $117,891.12 (calculated as 351,914 shares * $0.335)
• Purpose: Settlement of quarterly interest payment on debentures
• Debenture Principal Amount: $5.2 million (aggregate)
• Effective Closing Date: June 30, 2026
• Regulatory Status: Subject to approval of the TSX Venture Exchange

Notable Quotes

• None provided in the release.