DIAGNOS Announces Amendment to Convertible Debentures
February 28 2025 - 2:34PM
Diagnos Inc. (“DIAGNOS” or the “Corporation”) (TSX Venture: ADK,
OTCQB: DGNOF, FWB: 4D4A), a leader in early detection of critical
health issues using advanced Artificial Intelligence (AI),
announces that it intends to amend the terms of an aggregate amount
of $590,000 of unsecured convertible debentures (each a
“Debenture”) issued as part of a private placement of units
initially announced on March 1, 2022, as follows:
- The maturity date, initially set
for March 1, 2025, is extended to
March 1, 2026, and
- The yearly interest rate is
increased from 8% to 10% for the extended period from March 1, 2025
to March 1, 2026.
All other provisions of the Debentures will
remain unchanged and fully in effect during the extension
period.
The amendment remains subject to the TSX Venture
Exchange acceptance as well as execution of formal
documentation.
All monies quoted in this press release shall be
stated and paid in lawful money of Canada.
About DIAGNOSDIAGNOS is a publicly-traded
Canadian corporation with a mission of developing software tools
for the early detection of critical health issues through the use
of Artificial Intelligence.
Additional information is available at
www.diagnos.com and www.sedar.com
This news release contains forward-looking
information. There can be no assurance that forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in these
statements. DIAGNOS disclaims any intention or obligation to
publically update or revise any forward-looking information,
whether as a result of new information, future events or otherwise.
The forward-looking information contained in this news release is
expressly qualified by this cautionary statement.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
For further information, please contact:
Mr. André Larente, President
DIAGNOS Inc.
Tel: 450-678-8882 ext. 224
alarente@diagnos.ca
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