Purebase secures $500k secured loan with J.J. Astor; issues bonus shares, CEO provides confession of judgment

Purebase Corp

$500k loan from J.J. Astor & Co., secured by all assets and second deed of trust on 347-acre California property.
Note: $650k principal ($150k OID), 40 weekly installments ($8,125 first 8, then $18,281.25), maturity May 5, 2026.
Company issues 750k bonus shares; additional 750k if stock price < $0.50 after 90 days.
CEO Scott Dockter executed Confession of Judgment in favor of lender.
Note ranks senior to all debt; restrictions on incurring additional debt or granting liens without lender consent.

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