Advantex Announces Completion of Financing and Extension of Maturity Date of Previously Issued Debentures

(CSE:ADX) Advantex Marketing International Inc. announced the completion of a financing by way of senior secured non-convertible debentures. The financing was conducted in accordance with a partial revocation order issued by the Ontario Securities Commission on February 25, 2021, which partially revoked a failure-to-file cease trade order issued against Advantex on November 1, 2019. Advantex issued $250,000 worth of senior secured non-convertible debentures, which bear an interest rate of 9% per annum and mature on December 31, 2025. The new debentures are on the same terms and rank pari passu with the existing senior secured non-convertible debentures, which also bear interest at 9% per annum. The holders of the existing debentures have agreed to extend the maturity date of the existing debentures from December 31, 2021 to December 31, 2025. The proceeds of the financing will be used for the preparation and filing of outstanding continuous disclosure documents and late filing fees with applicable regulatory authorities. Additional uses of proceeds include legal expenses incurred in connection with the partial revocation order, the revocation of the FFCTO, and the financing. Funds will also be allocated to operational and general administrative expenses. Payment of accounts payable incurred in the ordinary course of business is another intended use. A portion of the proceeds will be used for partial funding of Advantex's Merchant Cash Advance business as public health restrictions are gradually eased in Canada. Once the required filings have been completed, Advantex will apply for a full revocation of the FFCTO. Advantex provides working capital to merchants and offers specialized marketing programs that enable Aeroplan members to earn Aeroplan points at participating merchants. Advantex shares trade on the Canadian Securities Exchange under the symbol ADX.

Adams Diversified Equity Fund Announces First Half 2026 Performance

(NYSE: ADX) Adams Diversified Equity Fund, Inc. announced the Fund’s investment returns for the first half of 2026, reporting a total return on net asset value of 10.8% with dividends and capital gains reinvested. The total return on the Fund’s market price for the period was 13.9%. As of June 30, 2026, the Fund’s net assets were $3,290,082,088 with 124,927,128 shares outstanding and a net asset value per share of $26.34. Annualized comparative returns (as of 6/30/2026) for the Fund (NAV) were 22.2% (1 year), 21.5% (3 year), 14.1% (5 year), and 16.5% (10 year), while the Fund (market price) returned 27.4%, 27.4%, 16.9%, and 18.2% over the same periods. The Semi-Annual Report to Shareholders is expected to be released on or about July 22, 2026. The ten largest equity portfolio holdings as of June 30, 2026, comprised 40.3% of net assets, with NVIDIA Corporation representing the largest holding at 7.6%. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year.

ADX Energy