Convertible Debentures

Plurilock Security Inc. is conserving cash by issuing 312,188 common shares to settle $63,750 in debenture interest. This debt-for-equity conversion increases outstanding shares but frees up liquidity for operations. The company, an AI-native cybersecurity integrator serving government and enterprise clients, faces scrutiny on its debt management and future financing strategies. Investors will watch its revenue growth and profitability as it scales.

Permex Petroleum Corporation secured a US$2 million private placement of convertible debentures and warrants. The funds will bolster working capital for general operations and strategic initiatives. Each unit comprises a debenture with a 10% annual interest rate and common share purchase warrants. The financing is intended for accredited investors and closes after a five-day notice period.