04:34:55 EDT Sun 19 Sep 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Hemostemix Inc (2)
Symbol HEM
Shares Issued 57,574,788
Close 2021-07-26 C$ 0.23
Recent Sedar Documents

Hemostemix warrants amended

2021-07-26 19:13 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:  510,295 (includes 91,845 held by an insider)

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.

Number of warrants remaining held by the insider:  408,155

Original expiry date of warrants:  one year from the date of issuance

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

Exercise price of warrants:  $1 (unchanged)

These warrants were issued prior to the company's share consolidation pursuant to a private placement of 18,369,000 shares with 18,369,000 share purchase warrants attached, which was accepted for filing by the exchange effective Nov. 24, 2020.

© 2021 Canjex Publishing Ltd. All rights reserved.