Northwire Canada EditionSunday, October 18, 2026
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Financings

Sabio Confirms Additional Information Regarding Previously Issued Debentures

SBIO · Price

Executive Summary

  • Sabio Holdings confirms a six‑month extension of its unsecured debentures, moving the maturity from Feb. 25 2026 to Aug. 25 2026.
  • The extension will be funded with CAD 1,802,850 in gross proceeds and includes issuance of 581,561 bonus common shares at $0.31 per share (based on a 10‑day VWAP).
  • The related‑party transaction is exempt from formal valuation or minority shareholder approval under MI 61‑101.

Key Details

  • Debenture Extension: Original maturity date Feb. 25 2026 extended to Aug. 25 2026 (“DebentureExtension”).
  • Gross Proceeds: CAD 1,802,850 to be received from the extension of the unsecured debentures.
  • Bonus Shares: 581,561 common shares to be issued at $0.31 per share (10‑day VWAP), subject to TSX Venture Exchange acceptance; applicable hold periods will apply.
  • Related Party Transaction: An insider holder of the debentures will receive the bonus shares; exemption relied upon under MI 61‑101 sections 5.5(b) and 5.7(a). No formal valuation or minority shareholder approval required.
  • U.S. Securities Law Disclaimer: Shares will not be registered under the U.S. Securities Act of 1933 and may not be offered/sold in the United States absent registration or an exemption.
  • Forward‑Looking Statements: Includes assumptions about the extension, share issuance, TSX Venture Exchange acceptance, and timing; actual results could differ materially.

Notable Quotes

(No direct quotes from executives were provided in the release.)

Read the original news release →

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