Wescan Energy launches CAD 1.3 million convertible debenture offering

• Wescan Energy launched a non-brokered private placement of unsecured convertible debentures for up to $1.3 million.
• Proceeds target funding the Provost-area multilateral horizontal well through to production, with any remainder allocated to working capital.
• Debentures carry 10% annual interest paid quarterly, with a two-year term and maturity expected around Sept. 30, 2028.
• Holders can convert at any time before maturity at $0.25 per share, implying up to 5,200,000 shares on full conversion.
• Closing is expected around Sept. 30, 2026 in one or more tranches, subject to required regulatory approvals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wescan Energy Corp. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202609090630TNWSWRCACNPR_____1knDFy9Pl) on September 09, 2026, and is solely responsible for the information contained therein.