• Algoma Central files final prospectus for $90 million offering of 6.2% convertible unsecured subordinated debentures.
• The financing comprises a $70 million public offering at $1,000 per debenture and a $20 million private placement with E-L Financial.
• An underwriters’ over-allotment option of $10.5 million could increase total proceeds to $100.5 million.
• Both offerings are expected to close around November 4, 2026, subject to necessary approvals; each closing depends on the other.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Algoma Central Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20261030264836) on October 30, 2026, and is solely responsible for the information contained therein.