14:49:49 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



DynaCERT Inc
Symbol DYA
Shares Issued 266,804,936
Close 2019-02-04 C$ 0.34
Market Cap C$ 90,713,678
Recent Sedar Documents

DynaCERT receives TSX-V OK for warrant amendments

2019-02-04 16:44 ET - News Release

Mr. Murray Payne reports

DYNACERT ANNOUNCES WARRANT AMENDMENTS

DynaCERT Inc. has received approval from the TSX Venture Exchange to reprice some of its outstanding warrants, as previously announced (please see press release dated Nov. 27, 2018).

On Nov. 27, 2018, the company had announced that it had applied to reprice a total of 7,404,627 warrants outstanding, with expiry dates ranging from February, 2019, to August, 2019, and exercise prices of 50 cents, in respect of 5,261,771 warrants, and $1, in respect of 2,142,856 warrants. The company had applied to the exchange to amend the exercise prices and expiry dates on such previously issued and outstanding warrants.

As a result, as of this date, the company now has outstanding 21,222,547 warrants to purchase common shares, all of which shall expire on Dec. 1, 2020, and all of which have an exercise price of 35 cents, all of which are subject to a 30-day notice of expiry acceleration if, for any 10 consecutive trading days during the unexpired term of such warrants, the closing price of the company's common shares on the TSX-V is greater than 50 cents. The company also has 400,000 dealer warrants outstanding to purchase common shares at an exercise price of 25 cents until Dec. 1, 2020, subject to 30-day acceleration if, for any 10 consecutive trading days during the unexpired term of such warrants, the closing price of the company's shares is greater than 50 cents and 16,349 dealer warrants outstanding to purchase common shares at an exercise price of 35 cents until Aug. 21, 2019.

We seek Safe Harbor.

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