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PharmaCielo to issue shares worth $891K to pay interest on secured debentures, pending TSX approval

Company Fundamentals
17 Apr 2026
Newsfile Corp
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Neutral
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PharmaCielo Ltd., a Canadian cannabis producer, plans to issue 11,145,999 common shares at $0.08 each to pay $891,681.85 in accrued interest on its 11% secured debentures. This share issuance is subject to approval by the TSX Venture Exchange and follows the terms of the debentures and exchange policies. The move helps PharmaCielo manage its debt obligations by converting interest payments into equity, potentially impacting shareholder structure. The company continues to focus on its ethical and sustainable cannabis cultivation and production in Colombia.

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