CanadaBis Capital Inc. Closes Final Tranche of Convertible Debenture Private Placement

CanadaBis Capital Inc. Successfully Closes Final Tranche of Convertible Debenture Financing

CALGARY, AB, April 14, 2025 /CNW/ – CanadaBis Capital Inc. (“CanadaBis”) (TSXV: CANB) has announced the successful closure of the final tranche of its brokered private placement of 11% unsecured convertible debentures. The company raised a total of $4,035,000 in aggregate gross proceeds through the two tranches of the financing.

The debentures bear interest at a rate of 11.0% per annum and will mature on April 2, 2029. Holders of the debentures have the option to convert them into common shares of the company at a conversion price of $0.10 per share after August 3, 2025. Additionally, CanadaBis has the right to redeem the debentures in cash at 105% of the outstanding principal amount after September 2, 2025.

As part of the financing, CanadaBis paid an aggregate amount of $44,425 to the Agent and granted broker warrants and advisory warrants as compensation. Each warrant entitles the holder to acquire one common share at an exercise price of $0.10 for a period of 48 months.

CanadaBis Capital Inc. is a vertically integrated Canadian cannabis company focused on achieving growth in the global cannabis market. For more information about CanadaBis, visit www.canadabis.com and www.stigmagrow.ca.

This news release contains forward-looking statements and risks associated with the financing. CanadaBis does not assume any obligation to update this information except as required by law.

SOURCE CanadaBis Capital Inc.
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