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Business Wire
16-07-2025
- Business
- Business Wire
Belgravia Hartford Announces USD$5M Convertible Secured Debenture with Round13 DAF & Closing of C$4M Private Placement
TORONTO--(BUSINESS WIRE)--BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (" Company" or ' Belgravia ') is pleased to announce that: Belgravia announces USD5M convertible debenture & closing of private placement. Share it has entered into a binding agreement with Round13 Digital Asset Fund (' Round13 DAF ') for a secured convertible debenture for a one-time principal amount investment of USD$5,000,000 (the ' Debenture ') convertible into common shares at C$0.71, being a 40% premium to the volume-weighted average trading price (the ' VWAP ') for the seven consecutive days immediately preceding the date of this announcement; and as a result of this above-market Debenture, Belgravia has elected to voluntarily reduce its non-brokered private placement to close on 16,091,822 units (the ' Units ') at a price of C$0.25 per Unit for aggregate gross proceeds of C$4,022,955.55 (the ' Offering ') to the Company. New USD$5 Million Round13 DAF Debenture Convertible at C$0.71 The principal amount and interest of the Debenture is convertible into common shares of Belgravia at a conversion price (the ' Conversion Price ') of C$0.71, being a 40% premium to the VWAP for the seven consecutive days immediately preceding the date of this announcement. In the case that, at any time prior to the maturity date of the Debenture, the VWAP of Belgravia common shares equals or exceeds C$1.42, being 200% of the Conversion Price for 20-consecutive trading days of the common shares on the Canadian Securities Exchange (the ' CSE '), then 20% of the then-outstanding principal amount (together with a proportionate amount of accrued and unpaid interest) shall automatically convert into common shares of Belgravia without any further action of Round13 DAF. The Debenture bears interest at a rate of 4% per annum, accrued monthly, and matures two years from the closing date thereof. Mehdi Azodi, CEO of Belgravia stated: 'This continued support from Round13 DAF, our lead strategic advisor and partner in all areas of Bitcoin-related finance, results in any new securities issued being set at a 40% premium to the price of Belgravia shares for the seven consecutive days immediately preceding the date of the announcement – a far less dilutive mechanism for Belgravia to achieve its stated goals. In addition, as a result of this Debenture, Belgravia has determined that it is in the best interests of our shareholders, to voluntarily cap the Offering at slightly more than 40% of its initial size'. Mehdi Azodi continued: 'This path enables Belgravia to achieve an excess amount of additional Bitcoin than originally expected to our treasury but, most importantly, with almost 60% less dilution.' Khaled Verjee, Managing Director of Round13 DAF added: 'We are extremely pleased to continue to support our partners and believe Belgravia is building an innovative business where Bitcoin treasury strategies play an integral role. From its innovative capital structures, protecting shareholder value, to its suite of, soon to be launched, Bitcoin focused technical tools designed to increase shareholder value and growth at a BTC level, Belgravia is well-positioned in this space. For a microcap to be thinking the way Belgravia is, and to have the technical team it does, it is in our opinion a recipe for long term success'. Closing of Offering As disclosed by press release on June 24, 2025, the Company announced a non-brokered private placement of Units. Under the Offering, each Unit consists of one common share of the Company (a ' Common Share ') and one-half of one Common Share purchase warrant (each whole warrant, a ' Warrant ') at a price of C$0.25 per Unit. Each Warrant entitles the holder to acquire one additional Common Share at an exercise price of C$0.50 per share for a period of 12-months from the date of issuance. The Warrants will be subject to an acceleration clause whereby, if the closing price of the Common Shares on the CSE is greater than C$0.75 for a period of ten consecutive trading days, the Company may accelerate the expiry date of the Warrants by giving notice to the holders thereof. In such case, the Warrants will expire 30-days after the date of such notice. Under the Offering, a total of 16,091,822 Units were issued at a price of C$0.25 per Unit for aggregate gross proceeds of C$4,022,955.55. No finders fees or commissions were paid to any party in connection with either the Offering or the Debenture. In accordance with the policies of the CSE and applicable securities legislation, the Common Shares and Warrants comprising the Units will be subject to a hold period of four months and one day from the date of issuance. In addition, closing of the Debenture is subject to all rules, policies and procedures of the CSE. Belgravia intends to use the proceeds of the Debenture and the Offering to purchase Bitcoin, in line with the Company's strategic objective of building a 100% Bitcoin only Treasury. For more information, legal disclaimer and about Belgravia Hartford please visit, please visit or
Business Wire
28-05-2025
- Business
- Business Wire
Belgravia Hartford Secures USD $5 Million Credit Facility from Round13 Digital Asset Fund LP to Expand BTC Holdings (₿)
TORONTO--(BUSINESS WIRE)--BELGRAVIA HARTFORD CAPITAL INC. (CSE:BLGV)(OTC:BLGVF)(FRA:ECA) (" Company" or ' Belgravia ') is pleased to announce it has entered into an arm's length credit facility effective May 28, 2025 (the ' Facility ') with Round13 Digital Asset Fund L.P. (' Round 13 DAF '), pursuant to which Round 13 DAF has agreed to advance up to USD$5 Million to the Company in one or more tranches with a variable interest calculated at the Bank of Canada prime rate upon each closing. This Facility establishes a strategic partnership between Belgravia and Round 13 DAF, being one of Canada's largest digital asset funds. The capital from the Facility will be used exclusively to purchase Bitcoin (BTC), managed by Belgravia with the consultation of Round 13 DAF. A first tranche advance of the Facility, equal to USD$500,000, is scheduled to be advanced June 2, 2025 with funds deployed by the Company, in consultation with Round 13 DAF, pursuant to the use of proceeds noted above and as agreed to in the Facility. 'We are pleased to support Belgravia through this flexible, tranche-based facility,' said Khaled Verjee, Managing Partner of Round13 DAF. 'Our team sees strong potential in Belgravia's strategic direction and assets, and we look forward to seeing management execute on their growth plans with the support of this capital.' Mehdi Azodi, CEO of Belgravia, also added: 'This financing enables Belgravia immediate and direct access to capital in order to execute our long term Bitcoin acquisition mandate. After months of due diligence in the crypto sector we believe Bitcoin offers a compelling opportunity to strengthen our balance sheet and support our long-term store-of-value strategy.' 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$0.06 a common share, being 500,000 common shares, for the first 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. ******************************* This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the ' 1933 Act '), or any state securities laws and may not be offered or sold in the 'United States' or to 'U.S. persons' (as such terms are defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available. Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. About Belgravia Hartford Belgravia Hartford Capital Inc. is an investment issuer, listed for trading on the Canadian Securities Exchange, focused on the tech and finance sectors of the worldwide economy. The Company's focus, as set out in its 2018 Investment Policy, specifies cryptocurrencies, artificial intelligence, media and digital streaming opportunities. Belgravia invests in a portfolio of private and public companies located in jurisdictions governed by the rule of law. It takes a multi-sector investment approach with emphasis in the resources and commodities sector. Belgravia and its investments are considered high risk holdings and it may expose shareholders to significant volatility and losses. For more information, please visit and Neither CSE nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Statements Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements include statements that use forward-looking terminology such as "may", "will", "expect", "anticipate", "believe", "continue", "potential" or the negative thereof or other variations thereof or comparable terminology. Such forward-looking statements include, without limitation, statements regarding the structure of the Investment, anticipated risk mitigation strategies, Dr. Cook's planned appearance on TraderTV, and other statements that are not historical facts. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company, including, but not limited to, changes in market trends, the completion, results and timing of research undertaken by the Company, risks associated with resource assets, the impact of general economic conditions, commodity prices, industry conditions, dependence upon regulatory, environmental, and governmental approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.
