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Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, September 8, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026. The Corporation has also been delayed in filing its unaudited consolidated financial statements, the related MD&A and the related officer certifications for the three-month period ended June 30, 2026 (collectively, the “Q1 Financial Filings”, and together with the Annual Financial Filings, the “Required Financial Filings”) by the required deadline of August 14, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Required Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The Corporation continues to estimate that the Required Financial Filings will be made on or about September 30, 2026. Effective September 4, 2026, the ASC approved the Corporation’s request to leave the MCTO in place until September 30, 2026.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Required Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Required Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-09-09T04:42:21-04:00

Crown Capital Announces Interest Payment Date and Record Date for 12% Secured Subordinated Debentures

CALGARY, ALBERTA, August 26, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that it has declared an interest payment of approximately $221.61 per $1,000 of principal amount (the “Interest Payment”) of the Corporation’s 12% Secured Subordinated Debentures (TSX: CRWN.NT) due December 31, 2027 (the “Debentures”). The Interest Payment will be payable on September 10, 2026 to all holders of record of the Debentures as of the close of business on September 3, 2026. The Debentures will commence trading on a “due bill” basis, representing entitlement to the Interest Payment dividend from the opening on the record date (September 3, 2026) to the payment date (September 10, 2026), inclusive.

The Interest Payment includes outstanding interest on the Debentures for the period from June 30, 2024 up to, but excluding December 31, 2025 that was payable on December 31, 2025, plus interest on the Debentures for the period from December 31, 2025 up to, but excluding June 30, 2026.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the anticipated payment of the Interest Payment. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Interest Payment Date and Record Date for 12% Secured Subordinated Debentures2026-09-04T11:44:37-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, August 25, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Annual Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. As previously announced on August 11, 2026, the expected date of filing the Annual Financial Filings changed from the original date of on or about August 31, 2026 to on or about September 30, 2026. The change in the expected filing date was due to an increase in the scope of work required to complete the audit compared with previous expectations, as determined by the Corporation’s auditors in the planning phase of the audit after assessing all identified risks.

The Corporation has advised the ASC of this updated timeline and has requested that the MCTO remain in effect until September 30, 2026. As of the date of this announcement, the Corporation’s request is under review by the ASC and there is no certainty that it will be approved.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Annual Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-08-26T14:09:01-04:00

Crown Capital Announces Closing of the Galaxy Transaction and Coming into Effect of Debenture Amendments

CALGARY, ALBERTA, AUGUST 24, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that the previously disclosed sale of all of the issued and outstanding shares of its subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (TSX: CGY) pursuant to a share purchase agreement dated June 25, 2026 (the “Galaxy Transaction”) has closed. The Galaxy Transaction was first announced by the Corporation in a news release dated June 25, 2026.

The total consideration payable to Crown and its subsidiaries pursuant to the Galaxy Transaction is up to $51.5 million, comprised of: (a) a base amount of $24,000,000, of which $2.55 million was deposited into escrow at closing, consisting of a $2.4 million indemnity escrow and a $150,000 working capital escrow, with the balance, subject to customary adjustments, paid to the Corporation at closing, (b) up to an additional $15,000,000 as an earnout which may become payable following each of the three twelve-month earnout periods after closing, if certain applicable adjusted EBITDA targets are achieved, and (c) up to an additional $12,500,000 as a supplemental earnout which may become payable following each of the three twelve-month earn-out periods after closing, if certain applicable adjusted EBITDA targets are achieved.

Crown intends to use the proceeds from the Galaxy Transaction as disclosed in the management information circular of Crown dated July 8, 2026 that was sent to all Debentureholders (as defined below) and is available on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

Immediately prior to the closing of the Galaxy Transaction, the amendments (the “Debenture Amendments”) to the Corporation’s 12% secured subordinated debentures due December 31, 2026 (the “Debentures”), which were approved by the holders of the Debentures (the “Debentureholders”) at a special meeting held on August 11, 2026, became effective. A description of the Debenture Amendments is set forth in the news release of the Corporation dated August 11, 2026. The completion of the Debenture Amendments was a requirement to close the Galaxy Transaction.

In connection with the Debenture Amendments coming into effect, Crown has entered into a third amended and restated trust indenture dated as of today’s date with TSX Trust Company governing the amended Debentures (the “Amended and Restated Indenture”). A copy of the Amended and Restated Indenture can be found on the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Closing of the Galaxy Transaction and Coming into Effect of Debenture Amendments2026-08-26T14:07:17-04:00

Crown Capital Announces Anticipated Closing Date of the Galaxy Transaction and Effective Date of the Debenture Amendments

CALGARY, ALBERTA, AUGUST 20, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that the previously disclosed sale of all of the issued and outstanding shares of its subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (TSX: CGY) (“Calian”) pursuant to a share purchase agreement dated June 25, 2026 (the “Galaxy Transaction”) is scheduled to close on August 24, 2026 (the “Anticipated Closing Date”). The Galaxy Transaction was first announced by the Corporation in a news release dated June 25, 2026.

On the Anticipated Closing Date, immediately prior to the closing of the Galaxy Transaction, the amendments (the “Debenture Amendments”) to the Corporation’s 12% secured subordinated debentures due December 31, 2026 (the “Debentures”), which were approved by the holders of the Debentures at a special meeting held on August 11, 2026, will become effective. A description of the Debenture Amendments is set forth in the news release of the Corporation dated August 11, 2026.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Anticipated Closing Date of the Galaxy Transaction and Effective Date of the Debenture Amendments2026-08-24T10:13:37-04:00

Crown Capital Announces Approval of Amendments to Convertible Debentures and Default Waiver

CALGARY, ALBERTA, August 11, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that at a special meeting (the “Meeting”) of the holders of its 12% secured subordinated debentures (the “Debentureholders”) due December 31, 2026 (the “Debentures”) held today, the Debentureholders approved an extraordinary resolution (the “Debentureholder Resolution”) that:

  1. authorized and approved the Corporation to enter into an amendment and restatement to the second amended and restated trust indenture dated October 25, 2024 (the “Indenture”) between the Corporation and TSX Trust Company (the “Debenture Trustee”) which will amend the terms of the Debentures (collectively, the “Debenture Amendments”) to: (i) permit the Corporation to sell all of the shares of its wholly-owned subsidiary, Galaxy Broadband Communications Inc., to Calian Group Ltd. (the “Galaxy Transaction”) free of the security interest created by the Indenture notwithstanding that such sale would be a sale of assets of the Corporation not in the ordinary course of business of the Corporation and, accordingly, not permitted under the Indenture; (ii) extend the maturity date of the Debentures from December 31, 2026 to December 31, 2027; (iii) grant the Corporation the option to further extend the maturity date of the Debentures for up to one year to December 31, 2028, provided that: (A) the Corporation pays all outstanding interest on the Debentures as at December 31, 2027; (B) the Corporation pays a fee of 0.1% of the principal amount of the Debentures to the Debentureholders for each month that the maturity date of the Debentures is extended, such fee to be paid concurrently with the interest due on the Debentures as at December 31, 2027; and (C) such option is exercised at least 30 days prior to December 31, 2027 and may only be exercised once; (iv) amend the interest payment dates from occurring annually on December 31 of each year to only at maturity or redemption of the Debentures; (v) prohibit the Corporation from paying any dividends on the common shares of the Corporation (the “Common Shares”) or acquiring any Common Shares by way of an issuer bid while any Debentures remain outstanding; (vi) eliminate the ability of the Corporation to incur Senior Indebtedness (as defined in the form of third amended and restated trust indenture (the “Amended Indenture”) attached as Appendix “B” of the management information circular dated July 8, 2026 (the “Circular”)) following the repayment of the Sandton Indebtedness (as defined in the Circular) and the redemption of the 2025 Debentures (as defined in the Circular), other than $1,000,000 of Senior Indebtedness to be used for general corporate purposes; (vii) remove the requirement that the Corporation use its best efforts to maintain the listing of the Common Shares and the Debentures on the Toronto Stock Exchange; and (viii) eliminate the ability of the Corporation to satisfy interest obligations by issuing and selling its shares through investment bankers under the Indenture; and
  2. waived the default by the Corporation under the Indenture for the failure to pay the outstanding interest on the Debentures from June 30, 2024 to December 31, 2025 (the “Deferred Interest Payment”) on December 31, 2025 (the “Default Waiver”), subject to the requirement that the Corporation pay: (a) the Deferred Interest Payment; and (b) interest on the Debentures from January 1, 2026 to June 30, 2026 (the “June 2026 Interest Payment”), to Debentureholders within 30 days of the completion of the Galaxy Transaction (the “Interest Payment Deadline”).

A description of the Debentureholder Resolution is set out in the Circular available under the Corporation’s profile on SEDAR+ at www.sedarplus.ca.

Debentureholders owning 57.805% of the outstanding Debentures voted. The detailed results of the vote were as follows:

Votes in Favour% in FavourVotes Against% Against
11,528 ($11,528,000 of Debentures)99.715% 33 ($33,000 of Debentures)0.285%

The Debenture Amendments will become effective immediately prior to the closing of the Galaxy Transaction. Management of the Corporation anticipates that the Galaxy Transaction will close in the coming days and will issue a press release once the closing date has been set.

The Deferred Interest Payment and the June 2026 Interest Payment will be made to Debentureholders holding Debentures as of a record date to be set and announced by the Corporation in the coming weeks. No record date or payment date for the Deferred Interest Payment and the June 2026 Interest Payment has been set by the Corporation. In the event that the Deferred Interest Payment and the June 2026 Interest Payment are not made by the Interest Payment Deadline, the Default Waiver will be of no further force or effect.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the Debenture Amendments, the Default Waiver, the Galaxy Transaction, the Deferred Interest Payment and the June 2026 Interest Payment. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Approval of Amendments to Convertible Debentures and Default Waiver2026-08-12T13:11:03-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, August 11, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission (the “ASC”). The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Annual Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The expected date of filing the Annual Financial Filings has changed from the original date of on or about August 31, 2026 to on or about September 30, 2026. The change in the expected filing date is due to an increase in the scope of work required to complete the audit compared with previous expectations, as determined by the Corporation’s auditors in the planning phase of the audit after assessing all identified risks.

The Corporation has advised the ASC of this updated timeline and has requested that the MCTO remain in effect until September 30, 2026. As of the date of this announcement, the Corporation’s request is under review by the ASC and there is no certainty that it will be approved.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Annual Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Annual Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-08-12T12:58:43-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, July 28, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission. The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Annual Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The Corporation continues to estimate that the Annual Financial Filings will be filed on or about August 31, 2026.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Annual Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Annual Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-08-04T16:40:11-04:00

Crown Capital Provides Bi-Weekly MCTO Default Status Report

CALGARY, ALBERTA, July 14, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) is providing this bi-weekly default status update in accordance with the alternative information guidelines set out in National Policy 12-203 Management Cease Trade Orders (“NP 12-203”).

As previously announced on June 26, 2026 (the “Default Notice”), the Corporation applied for, and was subsequently granted, a management cease trade order (“MCTO”) by its principal regulator, the Alberta Securities Commission. The MCTO was issued following the Corporation’s announcement that as a result of delays to its audit, it would experience a delay in filing its audited annual financial statements, the related management’s discussion and analysis (MD&A), the related officer certifications and the annual information form for the 15-month period ended March 31, 2026 (collectively, the “Annual Financial Filings”) by the required deadline of June 29, 2026.

The MCTO restricts the Corporation’s Chief Executive Officer and Chief Financial Officer from trading in the Corporation’s securities until the Annual Financial Filings are made but does not affect the ability of the general investing public to trade in the Corporation’s securities.

The Corporation and its independent auditors are working diligently and cooperatively to complete the audit as rapidly as possible. The Corporation continues to estimate that the Annual Financial Filings will be filed on or about August 31, 2026.

In accordance with the requirements of NP 12-203, the Corporation confirms that as of the date of this announcement: (i) there have been no material changes to the information previously disclosed regarding the default that have not been generally disclosed; (ii) there has been no failure by the Corporation in fulfilling its stated intentions with respect to satisfying the provisions of the alternative information guidelines as set out in NP 12-203; (iii) there have been no other specified defaults by the Corporation under NP 12-203; (iv) the Corporation is not subject to any insolvency proceedings; and (v) there is no other material information concerning the affairs of the Corporation that has not been generally disclosed.

The Corporation will continue to satisfy the provisions of the alternative information guidelines under NP 12-203 and will issue further bi-weekly default status reports as required until the Annual Financial Filings have been completed and filed.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the estimated filing date of the Corporation’s Annual Financial Filings and satisfaction of the Corporation’s reporting requirements as set out in Section 10 of NP 12-203. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Provides Bi-Weekly MCTO Default Status Report2026-07-16T10:34:56-04:00

Crown Capital Announces Proposed Debenture Amendments and Default Waiver For 12% Secured Subordinated Debentures

CALGARY, ALBERTA, July 3, 2026 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN) today announced that, further to its news release dated June 25, 2026 announcing the entering into of a share purchase agreement (the “Galaxy Transaction”) to sell all of the issued and outstanding shares (the “Galaxy Shares”) of its subsidiary, Galaxy Broadband Communications Inc. to Calian Group Ltd. (TSX: CGY) (“Calian”), it will seek approval of the holders (the “Debentureholders”) of the Corporation’s 12% Secured Subordinated Debentures (TSX: CRWN.NT) due December 31, 2026 (the “Debentures”) for a resolution (the “Debentureholder Resolution”) at a meeting of the Debentureholders to be held at the offices of the Corporation, 121 King Street West, Suite 840, Toronto, Ontario, on August 11, 2026 at 10:00 a.m. (Eastern Time) (the “Meeting”).

If approved by the Debentureholders at the Meeting, the Debentureholder Resolution would:

    1. authorize and approve certain amendments (the “Debenture Amendments”) to the Corporation’s second amended and restated trust indenture dated October 25, 2024 (the “Indenture”) between the Corporation and TSX Trust Company (the “Debenture Trustee”) and authorize the Debenture Trustee to enter into a third amended and restated trust indenture with the Corporation (the “Amended and Restated Indenture”) to:
      • permit the Corporation to complete the Galaxy Transaction free of the security interest created by the Indenture notwithstanding that the sale of the Galaxy Shares to Calian would be a sale of assets of the Corporation not in the ordinary course of business of the Corporation and, accordingly, not permitted under the Indenture;
      • extend the maturity date of the Debentures from December 31, 2026 to December 31, 2027;
      • grant the Corporation the option to further extend the maturity date of the Debentures for up to one year to December 31, 2028, provided that: (A) the Corporation pays all outstanding interest on the Debentures as at December 31, 2027; (B) the Corporation pays a fee of 0.1% of the principal amount of the Debentures to the Debentureholders for each month that the maturity date of the Debentures is extended, such fee to be paid concurrently with the interest due on the Debentures as at December 31, 2027; and (C) such option is exercised at least 30 days prior to December 31, 2027 and may only be exercised once;
      • amend the interest payment dates from occurring annually on December 31 of each year to only at maturity or redemption of the Debentures;
      • prohibit the Corporation from paying any dividends on the common shares of the Corporation (“Common Shares”) or acquiring any Common Shares by way of an issuer bid while any Debentures remain outstanding;
      • eliminate the ability of the Corporation to incur Senior Indebtedness (as defined in the Amended and Restated Indenture) following the repayment of the senior indebtedness of the Corporation to Sandton Investments IX (Luxembourg) S.A.R.L. (the “Sandton Indebtedness”) and the redemption of the $1,500,000 principal amount of unlisted debentures of the Corporation (the “2025 Debentures”), other than up to $1,000,000 of Senior Indebtedness to be used for general corporate purposes;
      • remove the requirement that the Corporation use its best efforts to maintain the listing of the Common Shares and the Debentures on the Toronto Stock Exchange (“TSX”); and
      • eliminate the ability of the Corporation to satisfy interest obligations by issuing and selling its shares through investment bankers under the Indenture; and.
    2. waive the default by the Corporation under the Indenture for the failure to pay the outstanding interest on the Debentures from June 30, 2024 to December 31, 2025 (the “Deferred Interest Payment”) on December 31, 2025 (the “Default Waiver”), subject to the requirement that the Corporation pay: (a) the Deferred Interest Payment; and (b) interest on the Debentures from January 1, 2026 to June 30, 2026 (the “June 2026 Interest Payment”), to Debentureholders within 30 days of the completion of the Galaxy Transaction (the “Deferred Interest Payment Deadline”). The Deferred Interest Payment and the June 2026 Interest Payment will be made to Debentureholders holding Debentures as of a record date to be set by the Corporation following the effective date of the Debenture Amendments. In the event that the Deferred Interest Payment is not made by the Deferred Interest Payment Deadline, the Default Waiver will be of no further force or effect.

The board of directors of the Corporation believe that the Debenture Amendments and Default Waiver provide the following advantages:

  1. Completion of Galaxy Transaction: The Debenture Amendments will allow the Corporation to complete the Galaxy Transaction. Without the Debenture Amendments, the Corporation will not be able to complete the Galaxy Transaction.
  2. Payment of the Deferred Interest Payment and the June 2026 Interest Payment: If the Galaxy Transaction is completed, the Debentureholders will receive: (a) the Deferred Interest Payment, which will be approximately $161.82 per $1,000 principal amount of Debentures; and (b) the June 2026 Interest Payment, which will be approximately $60.00 per $1,000 principal amount of Debentures.
  3. Payment of Sandton Indebtedness: If the Galaxy Transaction is completed, a large portion of the net proceeds from the Galaxy Transaction will be used to repay the entire amount of the Sandton Indebtedness. This will significantly reduce the amount of the Corporation’s debt that ranks in priority to the Debentures.
  4. Redemption of 2025 Debentures: If the Galaxy Transaction is completed, a portion of the net proceeds from the Galaxy Transaction will be used to redeem the 2025 Debentures in accordance with their terms. This will further reduce the amount of the Corporation’s debt that ranks in priority to the Debentures.
  5. Elimination of Senior Indebtedness: If the Galaxy Transaction is completed, following the repayment of the Sandton Indebtedness and the redemption of the 2025 Debentures, the Corporation will no longer have any Senior Indebtedness ranking in priority to the Debentures. The Debenture Amendments will prohibit the Corporation from incurring any additional Senior Indebtedness in excess of $1,000,000. This will greatly improve the relative security position of the Debentures.
  6. Extension of Maturity Date: The extension of the maturity date, and the option granted to the Corporation to extend the maturity date for an additional year, will afford Debentureholders a longer period of time during which to receive interest at a favourable rate and to potentially receive a fee of 0.1% for each month that the maturity date of the Debentures is extended past December 31, 2027. The extension of the maturity date will also provide the Corporation with additional time to fund the repayment of the Debentures from the proceeds of asset sales or otherwise.
  7. Prohibition of Dividends and Issuer Bids: The removal of the ability of the Corporation to pay dividends on the Common Shares or undertake any issuer bids for Common Shares while any Debentures remain outstanding provides significant incentive for the Corporation to repay the Debentures and ensures that holders of Common Shares will not receive preferential treatment over holders of Debentures.

The effective date of the Debenture Amendments will be the later of: (a) a minimum of five trading days following the approval of the Debentureholder Resolution; and (b) immediately prior to the closing of the Galaxy Transaction once all conditions precedent to the closing of the Galaxy Transaction have been satisfied or waived, other than the release of funds and those relating to the Debenture Amendments. Further particulars of the expected benefits of the Debenture Amendments and Default Waiver are described in the management information circular of the Corporation relating to the Meeting (the “Circular”) and the related meeting materials, which will be made available under the Corporation’s profile on SEDAR+ at www.sedarplus.ca and mailed to the Debentureholders in the coming days.

The Debentureholder Resolution will only be effective if passed by an extraordinary resolution of the holders of at least 66 ⅔% of the principal amount of the Debentures present in person or by proxy at the Meeting and entitled to vote in respect of the Debentureholder Resolution. Management recommends that Debentureholders vote in favor of the Debentureholder Resolution.

The TSX has conditionally approved the Debenture Amendments. The Debenture Amendments remain subject to the final approval of the TSX.

Debentureholders may vote on or before 10:00 a.m. (Eastern Time) on August 7, 2026 by following the voting instructions set out in the Circular. Only Debentureholders of record at the close of business on July 8, 2026 will be entitled to vote at the Meeting.

FORWARD-LOOKING STATEMENTS

This news release contains certain “forward looking statements” and certain “forward looking information” as defined under applicable Canadian and U.S. securities laws. Forward-looking statements can generally be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “intend”, “estimate”, “anticipate”, “believe”, “continue”, “plans” or similar terminology. Forward-looking statements in this news release include, but are not limited to, statements, management’s beliefs, expectations or intentions regarding the Debenture Amendments, the Default Waiver, the expected timing and completion of the Galaxy Transaction, the use of proceeds of the Galaxy Transaction, the anticipated payment of the Deferred Interest Payment and the June 2026 Interest Payment, the benefits of the Debenture Amendments and the Default Waiver and the receipt of Debentureholder approval. Forward-looking statements are based on forecasts of future results, estimates of amounts not yet determinable and assumptions that while believed by management to be reasonable, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors identified in the Crown’s periodic filings with Canadian securities regulators. See Crown’s most recent annual information form for a detailed discussion of the risk factors affecting Crown. Crown undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents management’s best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information.

For further information, please contact:

Michael Overvelde

Chief Financial Officer

investor.relations@crowncapital.ca

(416) 640-6887

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Crown Capital Announces Proposed Debenture Amendments and Default Waiver For 12% Secured Subordinated Debentures2026-07-06T11:31:32-04:00