newsfilecorp.com · Nov 24, 2025
Elysee to Amend Convertible Debentures
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Elysee Development Corp. (TSXV: ELC) (the "Company") is pleased to announce that its board of directors has approved an amendment to its issued and outstanding 8% unsecured convertible debentures (each, a "Debenture") originally issued pursuant to a non-brokered private placement on June 14, 2024, convertible into 5,131,578 common shares of the Company (the "Common Shares") at a conversion price of $0.38 per Common Share and due by June 14, 2028 (the "Offer"). The amendments to the Debentures are set forth below (the "Amendments"): The earliest date the Company may prepay its obligations under the Debentures is amended from June 14, 2027, to December 1, 2025.
