20263 releases
NMG Pays Accrued Interests
Second-quarter 2026 accrued interest of US$337,328 owed to Investissement Québec under an unsecured convertible note will be settled through the issuance of 227,924 common shares at US$1.48 each, subject to TSX and NYSE approval. The note was issued in connection with a private placement announced November 8, 2022, and the shares, deliverable at maturity, conversion or redemption of the note, carry a four-month-and-one-day hold period. The issuance is a related-party transaction, with exemptions invoked under Regulation 61-101.
NewsNMG Pays Accrued Interests
Accrued interest owed to Investissement Québec for the first quarter of 2026 under an amended and restated unsecured convertible note, issued in connection with a private placement announced November 8, 2022, will be settled in shares. A total of 147,824 common shares at US$2.25, an aggregate US$332,604, will be issued for interest due March 31, 2026, subject to TSX and NYSE approval and a four-month-and-one-day hold period. As Investissement Québec holds over 10% of the securities, the payment is a related-party transaction, with exemptions from valuation and minority approval invoked under Regulation 61-101.
NewsNMG Pays Accrued Interests
Accrued interest owed to Investissement Québec for the fourth quarter of 2025 under an unsecured convertible note, amended and restated October 27, 2025, will be settled through the issuance of 131,659 common shares at US$2.44, totalling US$321,248, for interest due December 31, 2025. Issuance is subject to TSX and NYSE approval and a four-month-and-one-day hold period, with certificates delivered at maturity, conversion or redemption of the note. The related-party transaction used exemptions under Regulation 61-101.
News