Safe and Green Development issues $172,500 convertible debenture with 10% OID and 10% interest

RenX Enterprises Corp.

• Issued 10% convertible debenture with $172,500 principal to Peak One Opportunity Fund, purchased at $155,000 (10% discount).
• Issued 100,000 commitment shares to investor and a pre-funded warrant for 300,000 shares to Arena as consent fee.
• Obtained waivers from Arena investors, increasing Arena debentures by 2.5% to $1,921,092.60.
• Debenture matures in 12 months, convertible at closing price subject to $0.19 floor, redeemable at 110%.
• Company must apply cash proceeds over $500,000 to repay debenture if holder elects.