Streamex closes $25M convertible debenture; proceeds to purchase physical gold bullion

Streamex Corp.

Issued $25M principal convertible debenture to YA II PN, Ltd.; net proceeds ~$24M (96% of principal).
Debenture matures Nov 2027, 4% interest (18% on default); conversion price lower of $6.016 or 97% of 3-day VWAP with $4 floor.
All net proceeds allocated to physical allocated gold bullion, reinforcing gold-backed balance sheet.
Remaining $25M tranche available after S-3 registration effectiveness and other closing conditions.
Placement agents: Cantor, Clear Street, Needham; CIBC as strategic advisor.

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