SmartKem and Ferrox extend convertible promissory note maturities to June 30, 2027
On October 30, 2026, SmartKem and Ferrox Critical Minerals entered Omnibus Amendment No. 1 to three convertible promissory notes, extending each maturity date to June 30, 2027. The amendment extends the March, June, and July Notes from October 30, 2026, December 31, 2026, and January 31, 2027, respectively, and interest continues at 5% per annum on outstanding principal. The notes otherwise remain unmodified, no Event of Default had occurred and was continuing, and no fee or other consideration is payable for th...
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