Belgravia Hartford Completes USD$1M Second Tranche Drawdown of Credit Facility from Round13 Digital Asset Fund LP, to Further Expand Fast Increasing Bitcoin Treasury

Rhea-AI Summary

Belgravia Hartford Capital (OTC:BLGVF) has completed a second tranche drawdown of USD$1 million from Round13 Digital Asset Fund LP, as part of a larger USD$5 million credit facility. The funds will be exclusively used to purchase Bitcoin through Coinsquare's regulated OTC trading desk.

The total amount advanced under the facility now stands at USD$1.5 million. The company will pay a 6% finder's fee through the issuance of 327,733 common shares at C$0.251 per share to qualified placement agents. Future finder's fees will be based on the 5-day volume-weighted average trading price on the CSE.

Positive

• Access to significant funding with USD$5 million total credit facility
• Strategic expansion of Bitcoin treasury through regulated OTC trading desk
• USD$1.5 million already secured from total facility

Negative

• 6% finder's fee resulting in share dilution
• Variable interest rate tied to Bank of Canada prime rate creates interest rate risk
• Exposure to Bitcoin price volatility risk

News Market Reaction – BLGVF

-12.26%

1 alert

-12.26% News Effect

On the day this news was published, BLGVF declined 12.26%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Toronto, Ontario--(Newsfile Corp. - June 26, 2025) - BELGRAVIA HARTFORD CAPITAL INC. (CSE: BLGV) (OTC: BLGVF) (FSE: ECA) ("Company" or "Belgravia") is pleased to announce it has completed a second tranche drawdown of USD$1,000,000 ("Tranche Two") with Round13 Digital Asset Fund L.P. ("Round 13 DAF"), pursuant to which Round 13 DAF has agreed to advance up to USD$5,000,000 to the Company in one or more tranches with a variable interest calculated at the Bank of Canada prime rate upon closing ("Facility").

All amounts advanced under the Facility, including Tranche Two, are to be used exclusively to purchase Bitcoin via Coinsquare's regulated OTC trading desk. Following the completion of Tranche Two, Round 13 DAF will have advanced under the Facility a current aggregate of USD$1,500,000.

In connection with the Facility, and as consideration for facilitating the financing, the Company has agreed to pay qualified placement agents arm's length to the Company a finder's fee equal to six percent (6%) of the principal amount of each tranche advanced under the Facility (the "Finder's Fee"). The Finder's Fee will be settled through the issuance of common shares of the Company (the "Finder's Shares") at C$0.251 a common share, being 327,733 common shares, for the second tranche with every subsequent tranche resulting in Finder's Shares issued at a price calculated on the volume-weighted average trading price of the Company's common shares on the Canadian Securities Exchange (the "CSE") for the five (5) trading days immediately prior to the applicable tranche advance.

The issuance of the Finder's Shares is subject to acceptance by the CSE and compliance with all applicable securities laws, including any required hold periods.

For more information, legal disclaimer and about Belgravia Hartford please visit www.belgraviahartford.com.

For More Information, Please Contact:

Mehdi Azodi, President & CEO
Belgravia Hartford Capital Inc.
(416) 779-3268
mazodi@blgv.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/256926

FAQ

How much has Belgravia Hartford (BLGVF) drawn from the Round13 credit facility?

Belgravia Hartford has drawn a total of USD$1.5 million, with the latest second tranche being USD$1 million from the total USD$5 million facility.

What is the purpose of Belgravia Hartford's credit facility with Round13?

The credit facility will be used exclusively to purchase Bitcoin through Coinsquare's regulated OTC trading desk to expand their Bitcoin treasury.

What are the terms of the finder's fee for Belgravia Hartford's credit facility?

The company will pay a 6% finder's fee through common shares issuance, with the second tranche resulting in 327,733 shares at C$0.251 per share.

How much is the total credit facility available to Belgravia Hartford from Round13?

Round13 Digital Asset Fund LP has agreed to advance up to USD$5 million to Belgravia Hartford in multiple tranches.

What is the interest rate on Belgravia Hartford's Round13 credit facility?

The facility carries a variable interest rate calculated at the Bank of Canada prime rate upon closing.