Lion Copper Extends Maturity of USD 2.7 Million Convertible Debentures to May 2027
Bitget2026/10/21 13:11- Lion Copper completed restructuring USD 2.7 million of secured convertible debentures, extending maturity to May 6, 2027.
- The debentures carry 12% annual interest; accrued interest will be paid as of November 6, 2026.
- Interest during the extended term remains payable at maturity in cash or common shares, at the company's discretion.
- The conversion price remains USD 2.6055 per common share.
- Debenture holders received 518,135 common share purchase warrants exercisable at USD 4.17 per share until November 6, 2031.
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