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Financings

Pool Safe Announces Debenture and Bonus Warrants Extensions

By The Northwire Desk — AI Analysis Dec 31, 2025 · 14:05 POOL · 0.03 Pool Safe Inc.
POOL · Price

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.)

Read the original news release →

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