Dr. Phone Fix Amends Interest-to-Share Conversion Terms

Bitget2026/10/17 02:58

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Dr. Phone Fix amended interest conversion terms on $1.61 million of 10% unsecured convertible debentures under an October 8, 2026 agreement.
Interest converts at the prior trading day's closing share price, subject to a floor equal to the TSXV-defined Market Price.
Principal remains convertible at $0.16 per common share at holders' option through maturity.
Unconverted interest, including conversions lacking TSXV acceptance, will be paid in cash.
The amendments bind all holders following consent from holders representing more than 50% of outstanding principal, but remain subject to TSXV acceptance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Dr. Phone Fix Canada Corporation published the original content used to generate this news brief via CNW (Ref. ID: 202610162257CANADANWCANADAPR_C9453) on October 17, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Dr. Phone Fix Amends Interest-to-Share Conversion Terms

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