Sabio Announces Extension of Maturity Date of Previously Issued Debentures

Executive Summary

• Sabio Holdings exercised its option to extend the maturity date of its unsecured debentures by six months, moving it from February 25 2026 to August 25 2026.
• Holders of the debentures will receive bonus common shares equal to 10% of the principal amount, calculated on the higher of the 10‑day VWAP preceding the original maturity date or the TSXV’s minimum permitted price.
• All other terms of the debentures (including interest rate) remain unchanged; the extension and bonus share issuance are subject to TSXV acceptance and statutory hold periods.

Key Details

• Original Offering: Unsecured debentures for aggregate gross proceeds of CAD $1,802,850 (offering completed August 25 2025).
• Maturity Extension: New maturity date – August 25 2026 (originally February 25 2026).
• Bonus Share Mechanics:
• Bonus shares equal to 10% of the principal amount of each debenture.
• Calculation based on the greater of:
  1. Volume‑weighted average price (VWAP) of Sabio’s TSXV shares for the 10 trading days ending on the original maturity date, or
  2. The lowest permitted price under TSXV policies.
• Regulatory Treatment: Bonus share issuance qualifies as a loan bonus under TSXV Policy 5.1; subject to acceptance by the TSXV and applicable hold periods.
• Statutory Hold Period: All securities issued in connection with the extension are subject to a statutory hold period expiring June 26 2026.
• Related Party Transaction: An insider holding debentures will receive bonus shares; exemption relied upon under MI 61‑101 sections 5.5(b) and 5.7(a). No minority shareholder approval required.
• U.S. Securities Law Disclaimer: The securities are not registered under the U.S. Securities Act of 1933 and may not be offered or sold in the United States absent exemption.

Notable Quotes

(No direct quotes were provided in the release.)