Hampton Debentures Redeemed and Reinvested

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TORONTO, Feb. 21, 2025 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Company”, TSXV: HFC) announces that Hampton debentures in the aggregate principal amount of $2,175,000 have been redeemed and that the holders of the debentures have reinvested the redemption proceeds into new non-convertible debentures of Hampton in the aggregate principal amount of $2,000,000, bearing interest at 10% per annum and maturing on December 29, 2025, and separately in the case of debentures held by its CEO, Peter Deeb, in the issuance of 255,050 subordinate voting shares of Hampton at $0.70 per share.

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