Hampton Financial Corporation Announces The Completion of A Non-Brokered Private Placement of Debentures
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TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Hampton Financial Corporation ("Hampton" or the "Company", ("Hampton" or the "Company", TSXV:HFC) is pleased to announce the closing of a non-brokered private placement of debentures (the "Debentures") in the principal amount of $2,500,000.
The Debentures will mature five (5) years and one day after the issue date (the "Maturity Date") and will bear interest at the rate of 11% per annum, payable quarterly in arrears on the last day of March, June, September and December in each year until the Maturity Date. The first interest payment will be made at the end of the first calendar quarter following the closing date (the "Initial Interest Payment Date") and will consist of interest accrued from and including the closing date to the Initial Interest Payment Date. Interest will be payable in cash only and will cease to accrue on the Maturity Date.
Proceeds of the offering will be used to fund its commercial lending subsidiary, Oxygen Working Capital Corp., for working capital, and for general corporate purposes.
About Hampton Financial Corporation
Hampton is a unique private equity firm that seeks to build shareholder value through long-term strategic investments.
Through its wholly-owned subsidiary, Hampton Securities Limited ("HSL"), Hampton is actively engaged in family office, wealth management, institutional services and capital markets activities. HSL is a full-service investment dealer, regulated by CIRO and registered in Alberta, British Columbia, Manitoba, Saskatchewan, Nova Scotia, Northwest Territories, Ontario, and Quebec. In addition, the Company, through HSL, provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in ...
