BULLETIN V2026-2028
CLIP MONEY INC. ("CLIP")
BULLETIN TYPE: Private Placement-Non-Brokered, Convertible Debentures, Replacement
BULLETIN DATE: June 15, 2026
TSX Venture Tier 2 Company
Further to a convertible debenture issued pursuant to a private placement originally accepted by the TSX Venture Exchange (the "Exchange") on September 20, 2023 (the "Original Convertible Debenture"). The Company is not receiving any new additional funds.
Original Conversion Price: $0.50 per Common Share of the principal outstanding
Replacement Convertible
Debentures Conversion Price: $0.40 per Common Share of the principal outstanding
Original Maturity Date: 36 months from the date of issuance, subject to certain acceleration rights
Replacement Convertible
Debentures Maturity Date and
Conversion Price Expiry: May 4, 2027
June 14, 2027
Warrants: Each warrant will have a term of three years from the date of issuance of the notes and entitle the holder to purchase one common share. The warrants are exercisable at the price of $0.70 during their term, subject to an acceleration right
Interest rate: 12%
The amount of aggregate principal outstanding is $2,055,586. All other details of the Replacement Convertible Debentures remain unchanged from the Original Convertible Debenture.
For further information, please refer to the Company's press release dated May 4, 2026, and, June 15, 2026.
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