TORONTO, Nov. 07, 2025 (GLOBE NEWSWIRE) -- Evergold Corp. (TSX-V: EVER, WKN: A2PTHZ) (“Evergold” or the “Company”) is pleased to announce that it has closed its non-brokered private placement of an unsecured convertible debenture (the “Convertible Debenture”) for aggregate gross proceeds of $350,000 (“Offering”). The Convertible Debenture bears interest at a rate of 7.5% per annum and will mature on November 6, 2027 (the “Maturity Date”). Subject to certain conditions, the principal amount of the Convertibl ...

Core Points - Reklaim Ltd. has completed a non-brokered private placement of convertible debenture units totaling $500,000 to accredited investors to support the growth of its privacy protection platform, Reklaim Protect [1][2] Group 1: Financing Details - The proceeds from the offering will primarily be used for the expansion of Reklaim Protect, which allows consumers to monitor, remove, and safeguard their personal data online [2] - Each Debenture Unit consists of one senior secured convertible debenture and warrants equal to 50% of the common shares issuable upon conversion of the principal of the debenture [3] - The debentures accrue interest at a rate of 12.0% per annum, maturing 36 months from the closing date, and are convertible into shares at C$0.105 per share [7] Group 2: Terms and Conditions - The company retains the right to repay the debentures early, with specific conditions regarding the expiration of warrants upon early repayment [4] - A total of 2,380,952 warrants were issued under the offering, with an exercise price of C$0.14 for 36 months from issuance [3][4] - The offering is subject to final approval by the TSX Venture Exchange, and all securities issued are subject to a four-month hold period [5] Group 3: Company Overview - Reklaim provides compliant, consumer-permissioned data to Fortune 500 brands, enabling individuals to control their personal information [6] - The platform allows users to verify their identity and discover data collected and sold without their consent, offering tools to monetize or safeguard their data [6]

ETHZilla raised $350M via a new convertible debenture at 2% interest, bringing its total convertible debt to about $500M. The company holds over 102K ETH (~$462M) and $559M in cash, focusing on deploying ETH into Layer 2 protocols and tokenizing real-world assets. https://t.co/2khy2aKGSi ...

Core Viewpoint - Kinross Gold Corporation has amended its share purchase agreement with Asante Gold Corporation, which includes a cash payment of US$55 million and the acquisition of shares and a convertible debenture, potentially increasing Kinross's ownership in Asante to a maximum of 18% on a partially diluted basis [1][2][3]. Group 1: Transaction Details - The transaction involves Kinross acquiring 36,927,650 common shares of Asante at a price of C$1.45 per share and a convertible debenture convertible into shares at a price of C$1.81 per share for a period of five years [8]. - Kinross currently holds approximately 6.0% of Asante's issued shares on a non-diluted basis and 6.9% on a partially diluted basis, which will increase to approximately 9.5% on a non-diluted basis and up to 18% on a partially diluted basis post-transaction [3][4]. - If the transaction were to close immediately, Kinross would own approximately 17.3% of Asante's outstanding shares on a partially diluted basis [4]. Group 2: Regulatory and Advisory Information - Kinross has acquired beneficial ownership of more than 10% of Asante's outstanding shares, necessitating the issuance of a press release and an early warning report as per Canadian securities laws [5]. - INFOR Financial Inc. acted as the financial advisor and Osler, Hoskin & Harcourt LLP served as the legal advisor to Kinross regarding the purchase agreement and related negotiations [9]. Group 3: Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada, focusing on responsible mining and operational excellence [10].

Vancouver, BC – July 30, 2025 – TheNewswire - Planet Ventures Inc. (CSE: PXI; OTC: PNXPF; Frankfurt: P6U1) ("Planet Ventures" or the "Company"), an investment issuer focused on acquiring Bitcoin, is pleased to announce that it has increased its previously announced convertible debenture (each a "Debenture") financing from up to CAD $5,000,000 to up to CAD $6,000,000. It is expected that Planet's Chief Executive Officer, Etienne Moshevich, as well as a strategic investor, will be subscribing for the entire f ...

Financing Update - Prospera Energy has secured commitments for $3 million, primarily from company insiders, through a convertible debenture and existing financing instruments [1] - The funding is designated for a recently initiated capital program and will be released in multiple tranches, reflecting strong internal alignment and confidence in the strategic business plan [1] - This capital injection is expected to accelerate operational plans and support production growth throughout the summer [1] Operational Update - Service rig activity has commenced at Cuthbert, focusing on five well workovers, including a high-impact horizontal well remediation, and multiple water injector cleanouts [2] - At Luseland, a five-well reactivation program is planned, with equipment ordered and preparations underway for building five single well batteries [2] Polymer Flood Pilot Site - The polymer flood pilot site has been finalized following reservoir analysis and compatibility assessments, with lab and core analysis currently in progress [3] - This initiative is being advanced in collaboration with leading polymer partners [3] Q1 2025 Financials - In Q1 2025, Prospera deployed $2.3 million towards reactivation-focused capital for twenty-seven wells, resulting in an additional production capability of 249 boe/d at an average capital efficiency of $9,317/boe [5] - The full benefits of the Q1 capital program are expected to be realized in Q2 2025 [5] - Prospera reported average net sales of 660 boe/d in Q1 2025, a 3% increase from Q1 2024 and a 6% increase from Q4 2024 [16] - Sales revenue for Q1 2025 was $4,598,472, representing a 17% increase from $3,932,190 in Q1 2024 [16] - Operating costs per boe increased by 54% in Q1 2025 to $59.46, attributed to unplanned outages and infrastructure upgrades [16] Strategic Initiatives - Prospera secured an additional $3.3 million in term debt funding to enhance liquidity and support ongoing development programs [6] - The company entered into an agreement to acquire 100% of White Tundra Petroleum, with consideration including 18 million common shares contingent on production milestones [7][8] - A settlement agreement was reached regarding $1.5 million in convertible debt, involving refinancing and issuance of common shares [9][15] - A workforce optimization initiative was completed, streamlining decision-making and reducing operational costs [10]