Business
Streamex Corp. (NASDAQ: STEX) Appoints Morgan Lekstrom as Executive Chairman, and Announces Completed Repayment of Convertible Debenture and Cancellation of SEPA
WINTER PARK, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade
About this update from Streamex Corp.
[{"type":"text","content":" WINTER PARK, Fla., Feb. 09, 2026 (GLOBE NEWSWIRE) -- Streamex Corp. (“Streamex” or the “Company”) (NASDAQ: STEX), a leader in institutional-grade tokenization and digital asset infrastructure, today announced that its Co-Founder and Chairman, Morgan Lekstrom, has been named Executive Chairman and will join the executive leadership team. The Company has also announced that the previously entered into Secured Convertible Debentures with YA II PN, LTD., a Cayman Islands exempt limited company (“Yorkville” or “Holder”) have been fully repaid and the Standby Equity Purchase Agreement (the “SEPA”) previously entered into with Yorkville has been cancelled. “I am honoured and excited to step into the Executive Chairman role during such a pivotal time for the company,” said Morgan Lekstrom, Co-Founder of Streamex. “Working directly with our leadership team, partners, and stakeholders we will accelerate and execute on our strategic vision during this critical inflection point in our growth. The convergence of traditional commodity markets with regulated blockchain infrastructure is unprecedented, and Streamex is positioned at the forefront of this transformation.” “I am thrilled to welcome my co-founder, Morgan Lekstrom, to the executive team as Executive Chairman,” said Henry McPhie, Co-Founder and CEO of Streamex. “Morgan’s leadership, expertise, and work ethic will undoubtedly accelerate our strategic execution. His extensive experience in capital markets and company building is a powerful addition to our leadership team.” In addition to leadership updates, on February 6, 2026, the Company successfully completed the early repayment to Yorkville of its outstanding Secured Convertible Debentures, announced previously. As previously announced, the SEPA with Yorkville, which the Company never utilized, has also been terminated. These actions have effectively removed all debt and dilution overhang from Streamex’s capital structure, positioning the Company with a clean balance sheet and greater financial flexibility as it enters 2026 and focuses on growth initiatives and the upcoming GLDY launch. About Morgan Lekstrom Morgan Lekstrom is the co-founder of Streamex and a seasoned mining executive with over 17 years of experience in capital markets, strategic M&A, and mining. He most recently served as CEO of NexMetals Mining Corp., developing...