Frontier Lithium restructures convertible loan, cuts conversion price to $0.46
Bitget2026/09/21 16:14- Frontier Lithium closed a restructuring of its unsecured convertible loan via a replacement convertible loan agreement effective Aug. 25, 2026.
- Accrued interest of $279,720 was capitalized, lifting principal to $3.63 million.
- Maturity was extended 18 months to Feb. 25, 2028.
- Conversion price was cut to $0.455 a share from $0.65.
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