Auxly Cannabis (CBWTF) Group announces the successful closing of two financial transactions previously announced on June 19, 2025: the amendment and extension of its credit facility led by the Bank of Montreal, and the full settlement of all amounts owing to Imperial Brands. With these transactions now complete, Auxly has achieved the following: Eliminated approximately $21 million in debt from the balance sheet; Reduced debt service obligations by approximately $700,000 per annum; Access to a new $10 million revolving facility, providing financial flexibility to support continued growth; and Removal of the going concern uncertainty disclosure from the Company’s financial statements, a clear signal of renewed financial strength and stability.
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