Hampton Financial Corporation Announces Completion of Third Tranche and Extension of Non-Brokered Private Placement of Unsecured Convertible Debentures

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Last update: Sep 6, 2022

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TORONTO, Sept. 06, 2022 (GLOBE NEWSWIRE) -- Hampton Financial Corporation (“Hampton” or the “Corporation”) (TSXV:HFC & HFC.PR.A) is pleased to announce the completion of the third tranche of a non-brokered private placement of unsecured convertible debentures (the “Debentures”) in the principal amount of $1,142,000. The closing of the third tranche is part of a larger offering of Debentures in the aggregate principal amount of up to CAD$6,000,000 (the “Offering”). Pursuant to the Offering Hampton has completed, to date, three tranches of Debentures in the aggregate principal amount of $4,663,000. Hampton is also pleased to announce that, subject to approval by the TSX Venture Exchange (“TSXV”), it is extending the final closing date of the Offering to October 6, 2022.