Frontier Lithium proposes amendments to $3.35 million convertible loan, extends maturity 18 months

Reuters2026/08/13 12:54

By:Reuters

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Frontier Lithium agreed to amend its USD 3.35 million unsecured convertible loan, extending maturity by 18 months to Feb. 25, 2026.
Principal to roll up accrued interest through Aug. 25, 2026, lifting the balance to about USD 3.63 million.
Conversion price to reset to USD 0.46 per share; interest rate unchanged at CORRA + 3%.
No new cash proceeds; changes framed as boosting flexibility for the PAK Lithium Project permitting and development work.
Amendment requires TSXV approval; intended to take effect Aug. 25, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Frontier Lithium Inc. published the original content used to generate this news brief on August 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Frontier Lithium proposes amendments to $3.35 million convertible loan, extends maturity 18 months

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