XTM Announces Initial Tranche Closing of Previously Announced Non-Brokered Private Placement of Convertible Debentures

TORONTO–(BUSINESS WIRE)—- $PAID #Fintech–XTM INC. (CSE: PAID; QB: XTMIF; FSE:7XT) (“XTM” or the “Company”), is pleased to announce that, further to the press release issued by the Company on December 13, 2024, on January 25, 2025 (the “Initial Closing Date”) the Company closed the initial tranche of its previously announced non-brokered private placement offering (the “Offering”) of secured convertible debentures in the principal amount of US$1,000 at a rate of 12% per annum from the date of issuance by the C

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