1933 Industries to repurchase $475K in debentures

1933 Industries (OTCQB:TGIFF) will repurchase $475,000 in principal value of unsecured convertible debentures.

The total cash consideration for the repurchase is $47,500 CAD.

Repurchased debentures will be cancelled and removed from the company’s liabilities.

The move aims to strengthen the balance sheet and reduce outstanding debt.

After the repurchase, $2.598M in principal value of debentures will remain.

Closing is expected around September 5, 2025.

Source: Press release