PureBase issues 50,311,184 shares to CoreTer for $1.01 million loan conversion

PUREBASE CORPORATION

PUREBASE CORPORATION

PUBC

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  • PureBase issued 72,837,839 common shares to CoreTer on May 8, 2026, in an unregistered transaction.
  • 50,311,184 shares issued for a USD 1.01 million loan under a convertible promissory note tied to a line of credit agreement dated Feb. 27, 2026.
  • 22,526,655 shares issued as reimbursement for about USD 453,957 in operating expenses paid by CoreTer.
  • CoreTer is owned and managed by A. Scott Dockter, PureBase chief executive officer.


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