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Promino settles $373,910 debt with shares and extends convertible debenture terms.

Company Fundamentals
05 Jun 2026
Newsfile Corp
View Source
Neutral
pluang ai news

Promino Nutritional Sciences agreed to settle $373,910 of convertible debenture debt by issuing 5.34 million common shares at $0.07 each. Additionally, the company extended the maturity dates of certain convertible debentures from 2025 to 2027 and lowered the conversion price from $0.30 per unit to $0.07 per share. This move helps Promino manage its debt and potentially improve its financial flexibility as it continues to develop its muscle health nutrition products.

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