The TSX Venture Exchange has accepted an amendment to 9,672,000 share purchase warrants, which have been exercised pursuant to a warrant incentive program as noted below.
Number of warrants: 9,672,000 share purchase warrants
Current warrant exercise price of warrants: 25 cents (4,387,000 warrants expired on July 25, 2019, and 5,285,000 warrants expiring on Feb. 20, 2020)
Amended exercise price of warrants: The exercise price was amended to 11 cents for 30 days ended March 4, 2019. For each warrant exercised, the warrantholder received a warrant that is exercisable at 11 cents per share for a two-year period.
Three million seventy-three thousand warrants were exercised pursuant to the warrant incentive program.
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