debt
confidence high
sentiment positive
materiality 0.60
Streamex terminates $1B SEPA, prepays $50M convertible debentures with 10% premium
Streamex Corp.
- Terminated Standby Equity Purchase Agreement with Yorkville; no shares ever sold under the $1B facility.
- Delivered optional prepayment notice for $50M secured convertible debentures; holder has 10 trading days to convert.
- Prepayment includes 10% premium ($5M) plus accrued interest; Company may liquidate gold collateral if not converted.
- CEO Henry McPhie: 'clean balance sheet' ahead of GLDY launch and recent equity raise for sustained growth.
- Debentures dated Nov 4, 2025 and Dec 17, 2025; SEPA originally signed July 7, 2025.
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