Streamex announces gold bullion purchases

Streamex (STEX) announced the closing of the first tranche of convertible debenture financing with the principal amount of $25,000,000 in financing as previously announced in July 2025 with a leading institutional investor. Key Transaction Highlights: All net proceeds from the financing will be allocated toward Streamex’s initial purchases of Physical Allocated Gold Bullion, reinforcing Streamex’s gold denominated balance sheet and Gold Per Share. Cantor, Clear Street, and Needham & Company, acted as placement agents; and CIBC World Markets acted as Strategic Advisor to the STEX Board of Directors & Management. The investor released the initial $25 million of the $50 million financing of secured convertible debentures; the investor will deploy the remaining $25 million secured convertible debenture in an additional tranche following the effectiveness of the Company’s Registration Statement on Form S-3 for the resale of the Company’s common stock issuable upon the conversion of the secured convertible debentures and the Company meeting certain other closing conditions under the Secured Convertible Debenture Purchase Agreement, as amended, under the same terms and conditions. All net proceeds of the financing will be fully allocated into vaulted, physical gold bullion, reinforcing Streamex’s strategy of maintaining a gold-backed balance sheet while advancing its tokenization initiatives.