03:25:19 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 106,723,449
Close 2018-01-05 C$ 7.22
Market Cap C$ 770,543,302
Recent Sedar Documents

Emerald Health to accelerate warrant expiry

2018-01-05 17:58 ET - News Release

Mr. Robert Hill reports

EMERALD HEALTH THERAPEUTICS ACCELERATES EXPIRY OF 744,576 REMAINING $2.60 WARRANTS

Emerald Health Therapeutics Inc. has elected to exercise its right to accelerate the expiry of the $2.60 common share purchase warrants issued by the company on April 20, 2017. Pursuant to the terms of the warrants, the company may accelerate the expiry date of the warrants when the closing sale price of Emerald's common shares on the TSX Venture Exchange is greater than $3.50 per share for a period of 20 consecutive trading days and by giving notice to the holders thereof.

As of the market close on Jan. 4, 2018, Emerald's common shares had traded above $3.50 for 20 consecutive trading days. Notice of the accelerated warrant expiry was provided to the holders of the 744,576 unexercised warrants effective Jan. 5, 2018. The warrants will now expire at 1 p.m. (Pacific Time) on Monday, Feb. 5, 2018. Any warrants remaining unexercised after this date will be cancelled.

About Emerald Health Therapeutics Inc.

Emerald Health Therapeutics operates through Emerald Health Botanicals Inc., a wholly owned subsidiary and licensed producer under Canada's Access to Cannabis for Medical Purposes Regulations. Through Botanicals, Emerald is authorized to produce and sell dried medical cannabis flower and medical cannabis oil. It currently operates an indoor facility in Victoria, B.C., and is building a 500,000-square-foot greenhouse on 32 acres in Metro Vancouver, with expansion potential to one million square feet to serve the anticipated legal Canadian adult-use cannabis market starting in 2018. Emerald also owns 50 per cent of Pure Sunfarms, a partnership with Village Farms that is converting an existing 1.1-million-square-foot greenhouse in Delta, B.C., from growing tomatoes to growing cannabis.

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