The TSX Venture Exchange has consented to reduction in the exercise price and term extension of the following warrants.
Number of warrants: 1,445,556
Original exercise price of warrants: $1.45
New exercise price of warrants: 95 cents
Original expiry date of warrants: Dec. 23, 2018, and subsequently amended to Dec. 31, 2020
New expiry date of warrants: Dec. 21, 2021
These warrants were issued pursuant to a private placement of 3,011,112 shares with 1,505,556 share purchase warrants attached, which was accepted for filing by the exchange effective Dec. 22, 2016.
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