The TSX Venture Exchange has consented to the reduction in the exercise price and the extension in the expiry date of the following warrants.
Private placement
Number of warrants: 2.6 million
Original expiry date of warrants: Dec. 31, 2023
New expiry date of warrants: June 30, 2024
Original exercise price of warrants: 20 cents
New exercise price of warrants: 14 cents
These warrants were issued pursuant to the non-brokered private placement of 2.6 million common shares, with 2.6 million share purchase warrants attached, which was accepted for filing by the exchange effective Aug. 12, 2020, and previously accepted for an extension by the exchange on July 20, 2022.
For further details, refer to the company's news release dated June 19, 2023.
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