Hampton Financial Corporation Announces Completion of First Tranche of New Non-Brokered Private Placement of Unsecured Convertible Debentures

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TORONTO, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV: HFC) (TSXV: HFC.PR.A) is pleased to announce the closing of the first tranche of a non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the principal amount of $2,636,000. The closing of the first tranche is part of a larger additional offering of Debentures in the aggregate principal amount of up to CAD$5,500,000 (the “Offering”). Hampton had announced on October 11, 2022 completion of a prior offering of similar debentures in the aggregate principal amount of $4,663,000.

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