$DPF.V

Dr. Phone Fix Canada Extends C$2.5 Million Convertible Debenture Offering Deadline

Dr. Phone Fix Canada (DPF.V) received approval from the TSX Venture Exchange (TSXV) to extend the deadline of its non-brokered private placement of its convertible debenture units for up to C$2.5 million, to July 31, it said on Monday.In the company's earlier release, it had mentioned that the final tranche of the offering was expected to close on or around May 29. Each unit is comprised of one C$1,000 principal amount of its unsecured convertible debenture and 3,125 common share purchase warrants.Shares of the company closed unchanged at C$0.13 on Friday on the TSXV.

Earnings Flash (DPF.V) Dr. Phone Fix Reports Q1 Revenue $3.16M, Up 44%; Adjusted EBITDA Turns Positive

Dr. Phone Fix to Acquire Device Repair Business in New Brunswick

Dr. Phone Fix Canada (DPF.V) has entered into a definitive agreement to acquire the assets of Cell Phone Solutions, a device repair business based in Saint John, New Brunswick, Dr. Phone said Monday.The purchase price totaled C$175,000, including about $40,000 in inventory, it added.The acquisition of Cell Phone Solutions provides Dr. Phone Fix with an established, revenue-generating location and a loyal customer base in New Brunswick, currently generating approximately $350,000 in annual revenue, Dr. Phone Fix said.The deal follows Dr. Phone Fix's signing of two new retail locations in New Brunswick and Ontario."By combining acquisitions with selectively opening new stores, we believe we are building a scalable platform for long-term growth," said Piyush Sawhney, founder and chief executive officer of Dr. Phone Fix. "This dual approach allows us to accelerate growth while maintaining strong capital discipline."