DIAGNOS Announces Amendment to Convertible Debentures

Biotech & MedTech

March 31, 2025 (Source) — Diagnos Inc. (“DIAGNOS” or the “Corporation”) (TSX Venture: ADK, OTCQB: DGNOF, FWB: 4D4A), a pioneer in early detection of critical health issues using advanced technology based on Artificial Intelligence (AI), announces that it intends to amend the terms of an aggregate amount of $120,000 of unsecured convertible debentures (each a “Debenture”) issued as part of a private placement of units initially announced on March 28, 2022, as follows:

  • The maturity date, initially set for March 25, 2025, is extended to March 25, 2026, and
  • For the extended period from March 25, 2025 to March 25, 2026. the yearly interest rate is increased from 8% to 10%.

All other provisions of the Debentures will remain unchanged and fully in effect during the extension period.

The amendment remains subject to the TSX Venture Exchange acceptance as well as execution of formal documentation.

All monies quoted in this press release shall be stated and paid in lawful money of Canada.

About DIAGNOS

DIAGNOS is a publicly traded Canadian corporation dedicated to early detection of critical eye-related health problems. By leveraging Artificial Intelligence, DIAGNOS aims to provide more information to healthcare clinicians to enhance diagnostic accuracy, streamline workflows, and improve patient outcomes on a global scale.

Additional information is available at www.diagnos.com and www.sedar.com

This news release contains forward-looking information. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in these statements. DIAGNOS disclaims any intention or obligation to publically update or revise any forward-looking information, whether as a result of new information, future events or otherwise. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

DIAGNOS Inc.

DIAGNOS Inc. (TSXV: ADK | OTCQB: DGNOF) is a publicly traded Canadian corporation dedicated to early detection of critical health problems based on its FLAIRE Artificial Intelligence (AI)…

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