Pool Safe Announces Debenture and Bonus Warrants Extensions

Executive Summary

• Pool Safe Inc. received TSX Venture Exchange approval to extend the repayment date of its $500,000 senior secured debenture to May 6 2026.
• The company also obtained approval to extend the expiration date of 1,600,000 common share bonus warrants (exercise price $0.05) to May 6 2026.
• All other terms of the debenture and the bonus warrants remain unchanged.

Key Details

• Debenture: Senior secured, principal amount $500,000; interest 12% per annum, payable monthly in cash.
• Repayment Day Extension: Previously extended to Dec 31 2025; now further extended to May 6 2026 (original maturity date).
• Bonus Warrants: 1,600,000 warrants issued as part of the original financing; each warrant allows purchase of one common share at $0.05.
• Warrant Expiry Extension: Previously extended to Dec 31 2025; now further extended to May 6 2026.
• Unchanged Terms: All other covenants, interest rate, payment schedule for the debenture, and exercise price/rights of the bonus warrants remain unchanged.

Notable Quotes

(No executive quotes were included in the release.)