Jackpot Digital plans convertible debenture offering of up to CAD 2 million
Bitget2026/10/26 19:50- Jackpot Digital plans a convertible debenture financing of up to CDN$ 2 million.
- The debentures will carry 10% annual interest, maturing 36 months from issuance.
- Conversion prices are CDN$ 0.05 per share in year one, rising to CDN$ 0.10 in the subsequent two years.
- Proceeds will fund regulatory licensing, product certifications and working capital; the financing requires TSX Venture Exchange approval.
- The previous convertible debenture financing, announced July 7 and August 24, 2026, has been canceled.
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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