Core Viewpoint - Barksdale Resources Corp. is seeking TSX Venture Exchange acceptance to amend the terms of its debentures and associated warrants held by Delbrook Capital Advisors Inc., which includes extending maturity dates and reducing conversion and exercise prices [1][4]. Summary by Relevant Sections Debenture Amendments - The maturity date of the secured convertible debentures totaling CDN$1,500,000 will be extended from December 31, 2027, to December 31, 2028, with a reduction in conversion price from CDN$0.12 to CDN$0.10 per share [1]. - The maturity date of the secured convertible debentures totaling CDN$3,000,000 will also be extended from December 31, 2027, to December 31, 2028 [1]. Associated Warrants - The expiry date of the 8,000,000 detachable common share purchase warrants linked to the CDN$1,500,000 Debentures will be extended to December 31, 2028, with the exercise price reduced from CDN$0.12 to CDN$0.10 per share [1]. - The expiry date of the 7,500,000 detachable common share purchase warrants linked to the CDN$3,000,000 Debentures will similarly be extended to December 31, 2028 [1]. New Warrants Issuance - In exchange for the amendments, Barksdale plans to issue 7,000,000 new detachable common share purchase warrants to Delbrook, allowing the purchase of shares at a price of CDN$0.09 per share until December 31, 2028 [4]. Interest Rates - Both the CDN$1,500,000 and CDN$3,000,000 Debentures bear an interest rate of 10% per annum and are convertible into common shares of the company [2]. Put Right Provision - The debentures include a holder put right, allowing Delbrook to require the company to repurchase all or part of the outstanding principal amount after December 31, 2027, with specific conditions regarding the acceleration of warrant expiry dates [3]. Company Overview - Barksdale Resources Corp. is a base metal exploration company focused on acquiring and advancing base metal projects in North America, including the Sunnyside and San Antonio projects in Arizona and the San Javier project in Mexico [7].

Core Viewpoint - Condor Energies Inc. has successfully closed a brokered private placement of convertible debentures, raising gross proceeds of $13,650,000 to fund development activities in Uzbekistan and enhance production capabilities [1][4]. Group 1: Offering Details - The private placement involved the issuance of convertible debentures priced at $1,000 each, with a total gross amount of $13,650,000, including an over-allotment option [1][2]. - Each convertible debenture has a principal value of $1,000, convertible into common shares at a conversion price of $2.00 per share, maturing on December 24, 2028, with a 12% annual interest rate payable semi-annually [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated to mobilizing a second drilling rig for a planned 12 well drilling program in Uzbekistan in 2026, as well as for in-field compression facilities to boost production and cash flow [4]. Group 3: Agent and Fees - Research Capital Corporation acted as the sole bookrunner and co-lead agent, with Canaccord Genuity Corp. as co-lead agent, and a cash commission of $492,700 was paid to the agents along with the issuance of broker warrants [2][6].

Core Viewpoint - Condor Energies Inc. has announced an increase in its brokered private placement of convertible debentures due to strong demand, aiming for gross proceeds of up to $12,000,000 [1] Group 1: Offering Details - The convertible debentures have a principal value of $1,000, convertible into common shares at a conversion price of $2.00 per share, maturing in 36 months [2] - The offering includes an Over-Allotment Option allowing an increase of up to 15% in size, exercisable by the agents prior to closing [3] - The offering is expected to close around the week of December 22, 2025, subject to regulatory approvals [6] Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to accelerate development activities in Uzbekistan, including mobilizing a second drilling rig for a planned 12 well drilling program in 2026 and for in-field compression facilities [4] Group 3: Financial Terms - The convertible debentures will accrue interest at 12% per annum, payable semi-annually in cash, and will be repaid in cash at maturity [2] - The company will pay agents a cash commission of 6% of gross proceeds, with a reduced commission for certain orders, and issue broker warrants equal to 3% of common shares issuable upon conversion [7]

Core Viewpoint - Condor Energies Inc. has announced a brokered private placement of convertible debentures, aiming to raise up to $10 million to fund development activities in Uzbekistan and enhance production capabilities [1][4]. Offering Details - The convertible debentures will be priced at $1,000 each, with a total gross proceeds target of $10 million [1]. - Each debenture has a principal value of $1,000, convertible into common shares at a conversion price of $2.00 per share, maturing in 36 months [2]. - The interest rate on the debentures is set at 12% per annum, payable semi-annually in cash [2]. Use of Proceeds - The net proceeds from the offering will be utilized to mobilize a second drilling rig for a planned 12 well drilling program in Uzbekistan in 2026, and for in-field compression facilities to boost production and cash flow [4]. Over-Allotment Option - The company has granted the agents an option to increase the offering size by up to 15%, which can be exercised up to 48 hours before the closing [3]. Closing Timeline - The offering is expected to close around the week of December 22, 2025, subject to regulatory approvals [6]. Agent Compensation - The company will pay a cash commission of 6% on the gross proceeds and issue broker warrants equal to 3% of the common shares issuable upon conversion of the debentures [7].

Core Viewpoint - Canadian Net Real Estate Investment Trust has successfully closed a non-brokered private placement of unsecured convertible debentures amounting to $4.0 million, aimed at supporting its growth and financial flexibility [1][2][5]. Group 1: Private Placement Details - The private placement involved the issuance of $4.0 million in principal amount of convertible debentures, which will mature on December 1, 2030, and bear an annual interest rate of 7.0% payable semi-annually [2]. - The convertible debentures are convertible into units of Canadian Net at a conversion price of $6.75 per unit, with the company having the right to redeem them after December 1, 2028, if certain market conditions are met [2][3]. Group 2: Use of Proceeds - The net proceeds from the private placement will be allocated for acquisitions, repayment of outstanding indebtedness, transaction costs, and general working capital purposes [4]. Group 3: Company Background - Canadian Net Real Estate Investment Trust is an open-ended trust focused on acquiring and owning high-quality triple net and management-free commercial real estate properties [6].

Core Viewpoint - Galleon Gold Corp. has opted to fulfill its interest payment obligations on convertible debentures by issuing common shares instead of cash, which is subject to approval from the TSX Venture Exchange [1][3]. Group 1: Convertible Debentures and Interest Payments - The company issued convertible debentures on April 12, 2024, April 19, 2024, and April 29, 2024, and has decided to pay accrued interest by issuing common shares [1][2]. - A total of $87,012.74 in interest will be paid by issuing 134,998 common shares for the interest payments due on April 12, 2025, and April 19, 2025 [3]. - An additional $45,211.64 in interest will be satisfied by issuing 67,637 common shares for the interest payment due on April 29, 2025 [4]. Group 2: Related Party Transactions - Certain officers and insiders of the company hold the convertible debentures, making the interest payment a "related party transaction" under Multilateral Instrument 61-101 [5]. - The interest payment is exempt from minority approval and formal valuation requirements as neither the fair market value of the debt nor the shares to be issued exceeds 25% of the company's market capitalization [5]. Group 3: Company Overview - Galleon Gold is focused on the West Cache Gold Project in Timmins, Ontario, which is located near significant mining operations [6]. - The company is preparing for its first test mining at West Cache, with an 86,500-tonne underground bulk sample aimed at providing data for feasibility studies [6]. - The strategy of Galleon Gold includes systematically derisking the project while pursuing grassroots exploration to enhance asset value [6].

Core Points - Universal Digital Inc. has successfully closed the first tranche of a private placement for senior secured convertible debentures and common share purchase warrants, raising a total of $3,336,364 in principal amount and issuing 834,091 warrants [1][2][3] Financing Details - The minimum conversion price for the convertible debentures has been increased from $0.05 to $0.30 [2] - The convertible debentures have a one-year term and bear an interest rate of 17.5% per annum, with interest paid in cash upon closing [3] - Each warrant allows the holder to purchase one common share at an exercise price of $0.637 until October 31, 2028 [4] Use of Proceeds - The company is required to allocate 80% of the net proceeds from each tranche for the purchase of Bitcoin, while the remaining 20% can be used for general working capital [6] Security and Restrictions - The convertible debentures are secured by all Bitcoin owned by the company, and there are restrictions on conversion and exercise of warrants to prevent Helena from owning more than 9.9% of the common shares [3][5] Company Overview - Universal Digital Inc. focuses on digital assets and aims to provide long-term capital growth through a diversified investment approach, particularly in blockchain and cryptocurrency sectors [11]

Core Points - Universal Digital Inc. has announced a financing agreement to issue up to $50 million in senior secured convertible debentures to Helena Global Investment Opportunities 1 Ltd. [1][2] - The funds will be primarily used to enhance the company's Bitcoin treasury holdings and support future digital asset initiatives [1][2]. Financing Structure - The financing will occur in up to fourteen tranches, starting with an initial tranche of approximately $3.34 million, followed by twelve tranches of about $3.64 million each, and a final tranche of approximately $3.03 million [1][2]. - The first tranche is expected to close around October 31, 2025, with subsequent tranches closing on mutually agreed dates [1]. Terms of Convertible Debentures - The convertible debentures will have a one-year term and bear an interest rate of 17.5% per annum, with interest paid in cash upon closing of the first tranche [2]. - They can be converted into common shares at Helena's option, with a conversion price equal to 100% of the closing price of the common shares on the trading day before the conversion notice, subject to a minimum price of $0.05 [2]. Use of Proceeds - The company is required to allocate 80% of the net proceeds from each tranche for purchasing Bitcoin, while the remaining 20% can be used for general working capital [6]. Warrants Issuance - Along with each tranche, the company will issue warrants to Helena, allowing the purchase of common shares equal to up to 25% of the subscription amount for each tranche, exercisable for three years [3]. Restrictions on Ownership - The conversion and subscription for additional debentures are restricted if it would result in Helena owning more than 9.9% of the common shares outstanding [5]. Company Overview - Universal Digital Inc. focuses on digital assets and aims to provide long-term capital growth through a diversified investment approach, particularly in blockchain and cryptocurrencies [10].

Core Viewpoint - Organto Foods Inc. is taking proactive measures to reduce its debt and enhance its financial stability by announcing the prepayment of certain convertible debentures totaling $2,340,850 [1] Debt Management - The company has elected to give notice of prepayment to holders of its outstanding convertible debentures, which include series A and B due in December 2024, and those due in February and March 2025 [1] - The total principal amount of the convertible debentures outstanding as of October 23, 2025, is $2,340,850, with an interest rate of 10% per annum [1] - The prepayment can be executed without penalty, provided that a written notice is given to the holders 30 days prior to the prepayment date [1] Holder Rights - During the 30-day notice period, holders of the convertible debentures have the option to exercise their conversion rights as specified in the debenture certificates [1]

Summary of Key Points Core Viewpoint ETHZilla Corporation has announced a $350 million convertible debenture investment to enhance its capital reserves and support its strategy of deploying Ether (ETH) into cash-flowing assets, particularly through Layer 2 protocols and tokenization of real-world assets. The company emphasizes its commitment to transparency and scalability in its business model, which is expected to drive growth with institutional support. Group 1: Convertible Debenture Investment Details - ETHZilla has partnered with an existing investor to amend terms of previous convertible debentures and raise an additional $350 million through new convertible debentures [1][2] - The previously issued $156.5 million convertible debentures will maintain a 0% interest rate until February 6, 2026, and will then have a 2% annual interest rate, reduced from the original 4% [2] - The new debentures will also bear a 2% annual interest rate, with a conversion price set at $3.05 per share, which is 1.05 times the Market Net Asset Value (mNAV) [2] Group 2: Business Update and Cash Flow Sources - The company generates cash flows from ETH deployed to Layer 2 protocols, investments in U.S. Treasuries, and commercial paper, while exploring tokenization of real-world assets [4] - As of September 19, 2025, ETHZilla's market cap is approximately $405 million, with total cash and cash equivalents of about $559 million and an ETH NAV of approximately $462 million [5][7] - The company has repurchased approximately 0.5 million shares at an average price of $2.41, reducing shares outstanding by 0.3% during the week ending September 20, 2025 [5] Group 3: ETH Deployment and Accumulation - As of September 19, 2025, ETHZilla holds a total of 102,264 ETH and ETH equivalents valued at approximately $462 million [7][8] - The company continues to actively deploy capital across the Ethereum ecosystem, supporting various protocols that drive innovation and yield [8] - The total ETH position includes 33,836 ETH with a total value of $153 million, and additional holdings across multiple protocols [6][8]