Advantex Marketing International Inc.CSE: ADX

Advantex Announces Amendment to Debentures

· Issued by Advantex Marketing International Inc. via CNW

Summary by 6ix AI

Advantex Marketing International Inc., which provides working capital and marketing programs to merchants, obtained the required approval from holders of its 9% Senior Secured Non Convertible Debentures (secured debt securities) to defer the interest due in September 2026 and to re-set the debentures' financial covenants.

Key details

  • The debentures have an aggregate principal amount of $7,759,000 and mature December 31, 2027.
  • The deferred interest is to be paid in one instalment along with the regularly scheduled interest payments due over the remaining term of the debentures.
  • The financial covenants (financial conditions Advantex must meet under the debentures) are re-set for the quarters ending September 30, 2026 and December 31, 2026.
  • Advantex shares trade on the Canadian Securities Exchange under the symbol ADX.

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

On 6ix: 6ix.com/news/advantex-announces-amendment-to-debentures

TORONTO, Oct. 15, 2026 /CNW/ -- Advantex Marketing International Inc. (CSE: ADX) ("Advantex"), a leader in the merchant cash advance and loyalty marketing products for merchants, announced it has obtained requisite approval from holders of its 9% Senior Secured Non Convertible Debentures ("Debentures"), in the aggregate principal amount of $7,759,000 and maturing December 31, 2027, to defer the interest due in September 2026 where the deferred interest shall be paid in one instalment along with the regularly scheduled interest payments due over the remaining term of the Debentures, and to re-set Debentures financial covenants for quarter ending September 30, 2026 and December 31, 2026.

About Advantex:

Advantex provides working capital to merchants. Advantex also provides specialized marketing programs that enable members of Aeroplan to earn Aeroplan points at participating merchants. Advantex shares trade on the Canadian Securities Exchange under the symbol ADX. For more information go to Advantex's profile on www.sedarplus.com

SOURCE Advantex Marketing International Inc.

View original source (CNW)Advantex Marketing International Inc. on 6ix

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