Further to Cymet's bulletin dated April 21, 2023, the exchange has accepted an amendment to warrants issued pursuant to a private placement of 7,719,723 shares and 3,859,862 share purchase warrants.
Warrants: 3,859,862 share purchase warrants
Current warrant exercise terms:
32 cents until May 5, 2023
Amendment:
A total of 1,747,873 warrants were exercised for 1,747,873 common shares and 1,747,873 additional warrants. Each new warrant will be exercisable for one common share at a price of 50 cents per share for a two-year period.
A total of 2,111,989 warrants remained unexercised with an exercise price of 32 cents and an expiry date of May 5, 2023.
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