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Highmark Issuance of Common Shares

Provided By Globe Newswire

Last update: Nov 29, 2022

TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Highmark Interactive Inc. (TSX-V: HMRK) (the “Company”) announces that it intends to settle C$100,000 of debt (the “Interest Amount”) through the issuance of 1,109,385 common shares in the capital of the Company (“Interest Shares”), representing accrued interest payable under the Trust Indenture dated November 8, 2021, between the Company and TSX Trust Company (as supplemented by a Supplemental Trust Indenture dated November 11, 2021, between the Company and TSX Trust Company, the “Indenture”) and the convertible unsecured subordinated 7.5% debentures of the Company outstanding thereunder (the “Debentures”).

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