Standard Strategies Inc.CSE: SBTC

Standard Strategies Obtains Loan Facility

· Issued by Standard Strategies Inc. via Newsfile

Summary by 6ix AI

Standard Strategies Inc., a Canadian public company that looks for business opportunities, has obtained a loan facility of up to CAD $50,000 from an arm's length (unrelated) lender to fund working capital. The facility still needs approvals, including from the Canadian Securities Exchange.

Key details

  • The company may draw advances in any amount from time to time until September 28, 2027, under and subject to the terms of the facility.
  • Interest on any outstanding drawdowns accrues at a fixed rate of 10% per annum.
  • The lender may convert all or any portion of the outstanding debt into common shares at any time, at one common share for every $0.05 of debt owed.
  • Any shares issued will be subject to a four-month statutory hold period, a legally required time before they can be resold.
  • If a default occurs, the lender may accelerate the maturity of the facility, meaning it can demand repayment early.

What’s still pending

  • The loan facility remains subject to, among other things, the company receiving all necessary prior approvals, including approval of the Canadian Securities Exchange.

6ix AI wrote this summary from the release below and checked it against the release.

On 6ix: 6ix.com/news/standard-strategies-obtains-loan-facility

Vancouver, British Columbia--(Newsfile Corp. - October 6, 2026) - Standard Strategies Inc. (CSE: SBTC) ("Standard" or the "Company") announces that it has obtained a loan facility from an arm's length lender for up to CAD $50,000.

Under and subject to the terms of the loan facility, the Company may draw advances in any amount from time to time until September 28, 2027, for the purpose of funding working capital requirements. Interest on any outstanding drawdowns will accrue at a fixed rate of 10% per annum. If default occurs, the lender may accelerate the maturity of the loan facility.

Under the loan facility, the lender has the right to convert all or any portion of the outstanding indebtedness owed to it into common shares of the Company at a conversion rate of one common share for every $0.05 of the indebtedness owed by the Company at any time. Any common shares issued will be subject to a statutory hold period of four months.

The loan facility remains subject to, among other things, the Company receiving all necessary prior approvals, including the approval of the Canadian Securities Exchange.

About Standard Strategies Inc.

Standard Strategies Inc. (CSE: SBTC) is a Canadian public company focused on identifying and pursuing strategic business opportunities that create long-term value for its shareholders. The Company evaluates opportunities across a range of industries and seeks to build value through acquisitions, investments, financings and strategic partnerships. Standard Strategies is committed to disciplined capital allocation and pursuing transactions that it believes will enhance shareholder value.

Additional information about Standard Strategies is available at www.standardstrategies.ai or under its profile on SEDAR+ at www.sedarplus.ca.

ON BEHALF OF STANDARD STRATEGIES INC.
Mark Rutledge

CEO and Director
[email protected]
(604)-788-1348

Neither the Canadian Securities Exchange nor any Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/317723

Source: Standard Strategies Inc.

View original source (Newsfile)Standard Strategies Inc. on 6ix

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