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Streamex Corp. (NASDAQ: STEX) Appoints Morgan Lekstrom as Executive Chairman, & Announces Completed Repayment of Convertible Debenture and Cancellation of SEPA Winter Park, FL

Key Takeaway: Streamex Corp. has announced the appointment of its co-founder, Morgan Lekstrom, as Executive Chairman. This leadership change comes alongside the completion of the repayment of Secured Convertible Debentures, removing debt from the company’s balance sheet. The previously entered into Standby Equity Purchase Agreement has also been cancelled, providing the company with more financial flexibility. Streamex aims to enhance its position in the tokenization and digital asset infrastructure sector as it prepares for growth initiatives and the GLDY launch in 2026.
Price reaction · baseline $3.28 (2026-02-06 close) · clean, no other STEX news in the window
day 0 close
-7.3%
day 1
-8.2%
day 3 · peak
-24.4%

Market Sentiment Analysis

POSITIVE FACTORS

  • Morgan Lekstrom's appointment is expected to accelerate the company's strategic execution.
  • The completion of debt repayment and the cancellation of the SEPA allows for greater financial flexibility.
  • Streamex is positioned at the forefront of the convergence between traditional commodities and blockchain technology.

Full Press Release Details

Corp. (NASDAQ: STEX) Appoints Morgan Lekstrom as Executive Chairman, & Announces Completed Repayment of Convertible Debenture and
Cancellation of SEPA
Park, FL - February 9, 2026 - Streamex Corp. ("Streamex" or the "Company") (NASDAQ: STEX), a
leader in institutional-grade tokenization and digital asset infrastructure, today announced that its Co-Founder and Chairman, Morgan
Lekstrom, has been named Executive Chairman and will join the executive leadership team. The Company has also announced that the previously
entered into Secured Convertible Debentures with YA II PN, LTD., a Cayman Islands exempt limited company ("Yorkville" or
"Holder") have been fully repaid and the Standby Equity Purchase Agreement (the "SEPA") previously entered into
with Yorkville has been cancelled.
am honoured and excited to step into the executive Chairman role during such a pivotal time for the company," said Morgan Lekstrom,
Co-Founder of Streamex. "Working directly with our leadership team, partners, and stakeholders we will accelerate and execute on
our strategic vision during this critical inflection point in our growth. The convergence of traditional commodity markets with regulated
blockchain infrastructure is unprecedented, and Streamex is positioned at the forefront of this transformation."
am thrilled to welcome my co-founder, Morgan Lekstrom, to the executive team as Executive Chairman," said Henry McPhie, Co-Founder
and CEO of Streamex. "Morgan's leadership, expertise, and work ethic will undoubtedly accelerate our strategic execution.
His extensive experience in capital markets and company building is a powerful addition to our leadership team."
addition to leadership updates, on February 6, 2026, the Company successfully completed the early repayment to Yorkville of its outstanding
Secured Convertible Debentures, announced previously. As previously announced, the SEPA with Yorkville, which the Company never utilized,
has also been terminated. These actions have effectively removed all debt and dilution overhang from Streamex's capital structure,
positioning the Company with a clean balance sheet and greater financial flexibility as it enters 2026 and focuses on growth initiatives
and the upcoming GLDY launch.
Lekstrom is the co-founder of Streamex and a seasoned mining executive with over 17 years of experience in capital markets, strategic
M&A, and mining. He most recently served as CEO of NexMetals Mining Corp., developing critical metals projects in Botswana with US$150
million backing from the Export-Import Bank of the United States. Previously, as President of NexGold Mining, he orchestrated strategic
transformations through mergers with Blackwolf Copper and Gold, Treasury Metals, and Signal Gold. Lekstrom founded Streamex with Henry
McPhie 3.5 years ago and is the largest shareholder along with Henry.
Corp. (NASDAQ: STEX) is a vertically integrated technology and infrastructure company focused on the tokenization and digitalization
of real-world assets. Streamex provides institutional-grade solutions that bring traditional commodities and assets on-chain through
secure, regulated, and yield-bearing financial instruments. The company is committed to delivering transparent, scalable, and compliant
digital asset solutions that bridge the gap between traditional finance and blockchain-enabled markets.
more information, visit www.streamex.com or follow the company on X (Twitter) at @streamex.
press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including
statements regarding Streamex's business strategy, future growth, and leadership impact. These statements are based on current
expectations and assumptions that are subject to risks and uncertainties, many of which are beyond Streamex's control, and actual
results may differ materially. Factors that could cause such differences include, among others, market conditions, regulatory developments,
and macroeconomic factors affecting digital asset markets. Streamex undertakes no obligation to update or revise any forward-looking
statements except as required by applicable law.
Press & Investor Relations
Carey - Alliance Advisors Investor Relations
Executive Officer, Streamex Corp.
| www.streamex.com | X.com/streamex

Frequently Asked Questions

Who is the newly appointed Executive Chairman of Streamex?

Morgan Lekstrom has been appointed as the Executive Chairman of Streamex.

What financial obligations has Streamex recently completed?

Streamex has fully repaid its Secured Convertible Debentures and cancelled the SEPA.

What is Streamex's focus in the market?

Streamex is focused on tokenization and digitalization of real-world assets.

Who co-founded Streamex alongside Morgan Lekstrom?

Henry McPhie is the co-founder of Streamex with Morgan Lekstrom.

What is the significance of the company's recent actions?

These actions have cleared Streamex's debt, providing a clean balance sheet for growth.

Last updated: Feb 9, 2026