Northwire Canada EditionSaturday, October 17, 2026
Sign inSubscribe
Northwire
⌕
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

Elysee to Amend Convertible Debentures

By The Northwire Desk — AI Analysis Nov 24, 2025 · 08:01 ELC · 0.49 Elysee Development Corp.
ELC · Price

Executive Summary

  • Elysee Development Corp.’s board approved amendments to its 8% unsecured convertible debentures, allowing pre‑payment as early as December 1 2025.
  • The pre‑payment premium increases from 102% to 125% of the principal amount (plus accrued interest).
  • Acceptance of the amendment is voluntary and must be received by December 1 2025; the changes remain subject to TSX Venture Exchange approval.

Key Details

  • Original Debenture Terms: Issued June 14 2024, convertible into 5,131,578 common shares at $0.38 per share, maturity June 14 2028.
  • Amended Pre‑payment Date: Earliest pre‑payment date moved from June 14 2027 to December 1 2025.
  • Pre‑payment Premium: Repayment amount now 125% of the base principal (previously 102%) plus accrued but unpaid interest.
  • Voluntary Acceptance Window: Debenture holders may accept the amendment from the announcement date until December 1 2025, 1:00 p.m. Vancouver time.
  • Regulatory Condition: Amendments are subject to approval by the TSX Venture Exchange.
  • Contact: Guido Cloetens, President & CEO – Tel: (778) 373‑1562; Email: [email protected]

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Elysee Development Corp.

May 12, 2026 · 07:01

Elysee Development Corp.

Earnings May 05, 2026 · 07:04

Elysee Development Corp.

Other Apr 13, 2026 · 07:01

Investment Vehicle

Earnings Dec 17, 2025 · 17:06

Elysee prepays $2.1-million in debenture obligations

Financings Dec 17, 2025 · 07:02

Elysee Redeems $1,685,000 of Convertible Debentures

Financings Nov 04, 2025 · 16:20

Elysee Development earns $5.37-million in Q3 2025

Earnings