11:02:40 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Cantex Mine Development Corp (3)
Symbol CD
Shares Issued 12,443,145
Close 2018-08-27 C$ 0.20
Market Cap C$ 2,488,629
Recent Sedar Documents

Cantex warrant extension, price reduction

2018-08-27 16:22 ET - Miscellaneous

The TSX Venture Exchange has consented to the extension in the expiry date and price reduction of the following warrants.

Warrants:  147,850

Original expiry dates:  Nov. 23, 2018, and Dec. 14, 2018

New expiry dates:  Nov. 23, 2020, and Dec. 14, 2020

Forced exercise provision:  If the closing price for the company's shares is 26.5 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise the warrants will expire on the 31st day.

Original exercise price:  $1

New exercise price:  21 cents

These warrants were issued pursuant to a private placement of 295,700 shares with 295,700 share purchase warrants attached, which was accepted for filing by the exchange effective Jan. 13, 2017.

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