January 13, 2026 — Leads & Copy — EverGen Infrastructure Corp. has provided an update on its debt refinancing activities and private placement.
The company, ticker symbols (TSXV: EVGN) (OTCQB: EVGIF), had previously announced a letter of intent in May 2025 for a $13 million asset level debt facility. The proceeds are intended to repay a majority of its corporate debt, with terms better aligned with current operations and strategic focus. Concurrently, plans were announced to raise up to an additional $2 million via a second tranche private placement on the same terms as the first tranche financing completed in May 2025 ($0.60 per share). The company reported progress on both initiatives, which it said underpins a strong outlook for 2026.
EverGen, through its wholly owned subsidiary Fraser Valley Biogas (FVB), has entered into a Credit Agreement with Farm Credit Canada for a $13 million term loan and $250,000 operating line of credit. The closing of the Credit Agreement and funding is subject to customary closing conditions, with closing and funding expected in the coming days.
The second tranche of its previously announced non-brokered private placement of up to 11,666,667 common shares is being extended for gross proceeds of up to $7,000,000 at a price of $0.60 per common share. The first tranche of the offering closed on May 21, 2025, with 8,333,333 common shares issued to ASK America, LLC for gross proceeds of $5,000,000. Details of the company’s reorganization transaction are available in press releases dated May 21, 2025, and April 23, 2025.
The second tranche of the offering will be for up to 3,333,334 common shares at $0.60 per share, with gross proceeds up to $2,000,000, and is expected to close in the coming days. Proceeds from the offering will be used to pay certain outstanding indebtedness, for working capital, and for general corporate purposes. The common shares issued are subject to a statutory four-month and one-day hold period. Closing of the private placement remains subject to TSX Venture Exchange approvals.
EverGen Infrastructure Corp. is Canada’s Renewable Natural Gas Infrastructure Platform. It acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen focuses on Canada and expects continued growth across North America and beyond.
For more information, visit www.evergeninfra.com
Source: EverGen Infrastructure Corp.
