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Golden Triangle Ventures Begins $10 Million Restructuring to Eliminate Convertible Debt, Retire 1.4 Billion Shares, Reduce Authorized Shares, and Establish Corporate Buyback Program
Golden Triangle Ventures Begins $10 Million Restructuring to Eliminate Convertible Debt, Retire 1.4 Billion Shares, Reduce Authorized Shares, and Establish Corporate Buyback Program.
About this update from Golden Triangle Ventures Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n Golden Triangle Ventures Begins $10 Million Restructuring to Eliminate Convertible Debt, Retire 1.4 Billion Shares, Reduce Authorized Shares, and Establish Corporate Buyback Program\r\n \r\n \r\n\r\n\r\nGolden Triangle Ventures Begins $10 Million Restructuring to Eliminate Convertible Debt, Retire 1.4 Billion Shares, Reduce Authorized Shares, and Establish Corporate Buyback Program\r\n\r\n\r\n\r\n\r\n\r\nAUSTIN, Texas, Oct. 16, 2025 (GLOBE NEWSWIRE) -- via IBN -- Golden Triangle Ventures, Inc. (OTC: GTVH) today announced that it has begun executing a comprehensive restructuring plan to eliminate all remaining convertible debt, retire 1.4 billion shares, reduce authorized shares, and introduce a structured buyback program that directly ties company performance to shareholder value. From the first day of new leadership, Golden Triangle Ventures secured a commitment from its primary noteholder to halt all conversions and selling activity, providing the stability needed to rebuild. That agreement laid the foundation for a long-term plan that now removes more than $10 million in combined debt and equity overhang from the company’s capitalization table. The restructuring includes a clawback of approximately two billion shares previously issued through legacy debt conversions. Through a definitive agreement with the company’s noteholder, 680 million shares will be issued as part of a final settlement to retire roughly $7 million in convertible debt, with 1.4 billion shares being retired and permanently removed from the company’s capitalization table. “We’ve been working toward this since day one,” said Leal. “The first call I made was to our noteholder — not to argue, but to align. They agreed to freeze conversions and sales so we could rebuild the company the right way. That trust led to this outcome. Over the past seven weeks, GTVH has seen more than a 2,000% increase in market performance — a reflection of the confidence investors are beginning to place in our vision. We were able to show them the future of GTVH, and now the process is fully underway. The cleanup is happening in real time.” Leal also acknowledged the professionalism shown throughout the negotiation process. “Both our existing and previous noteholders sat at the table, hea...