04:24:36 EDT Sun 19 Sep 2021
Enter Symbol
or Name

Login ID:
Hemostemix Inc (2)
Symbol HEM
Shares Issued 57,574,788
Close 2021-07-06 C$ 0.285
Recent Sedar Documents

Hemostemix 1,332,500 warrants amended

2021-07-06 18:19 ET - Miscellaneous

The TSX Venture Exchange has consented to the extension in the expiry date and reduction in the exercise price of the following warrants.

Private placement

Number of warrants:  1,332,500

Expiry date of warrants:  one year from the date of issuance

New expiry date of warrants:  three years from the date of issuance

Original exercise price of warrants:  $1

New exercise price of warrants:  55 cents

Forced exercise provision:  If the weighted average closing price of the company's shares is 66 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants commencing on the day when the company either: (i) disseminates a news release; or (ii) sends a written notice to the holders announcing the reduced warrant terms.

These warrants were issued prior to the company's share consolidation pursuant to a private placement of 26.65 million shares with 26.65 million share purchase warrants attached, which was accepted for filing by the exchange effective July 9, 2020.

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