Winchester Equity Corporation Increases Loan Facility to Selma House LLC to USD $2 Million Under New Secured Convertible Promissory Note

Reuters

2025/10/04

Winchester Equity Corporation Increases Loan Facility to Selma House LLC to USD $2 Million Under New Secured Convertible Promissory Note

**Toronto, Ontario - October 3, 2025:** Winchester Equity Corporation (TSXV: WEC) has announced a new secured convertible promissory note agreement with Selma House LLC, replacing a previous USD$1,000,000 loan facility. Under the revised terms, the facility has been increased to up to USD$2,000,000, with a maturity date of October 2, 2026, and a 10% annual interest rate calculated monthly. The note is secured against all of Selma's assets, which are primarily real estate and receivables, and represents Selma's sole senior secured debt. Winchester Equity retains the right to convert the outstanding principal into a 47.2% ownership stake in Selma at any time. As of today, Selma has drawn down USD$1,000,000 under the facility. The transaction is classified as an arm's length transaction under TSXV Policy 1.1.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Three Valley Copper Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 269055) on October 03, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Three Valley Copper Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 269055) on October 03, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EWC.AU","symbol_name":"ENERGY WORLD CORP LTD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251003:nNDL257dN4:1","article_id":"2572824096","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2572824096","pubTimestamp":1759514446,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Winchester Equity Corporation Increases Loan Facility to Selma House LLC to USD $2 Million Under New Secured Convertible Promissory Note. 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Under the revised terms, the facility has been increased to up to USD$2,000,000, with a maturity date of October 2, 2026, and a 10% annual interest rate calculated monthly. The note is secured against all of Selma's assets, which are primarily real estate and receivables, and represents Selma's sole senior secured debt. Winchester Equity retains the right to convert the outstanding principal into a 47.2% ownership stake in Selma at any time. As of today, Selma has drawn down USD$1,000,000 under the facility. The transaction is classified as an arm's length transaction under TSXV Policy 1.1.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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