19:22:41 EST Sun 28 Feb 2021
Enter Symbol
or Name
USA
CA



Login ID:
Password:
Save
Emerald Health Therapeutics Inc
Symbol EMH
Shares Issued 188,538,395
Close 2020-04-09 C$ 0.16
Recent Sedar Documents

Emerald Health warrants repriced

2020-04-09 18:32 ET - Miscellaneous

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

Prospectus -- debenture offering

Number of warrants:  6.25 million

Expiry date of warrants:  Sept. 9, 2021

Forced exercise provision:  If the closing price for the company's shares is 21.25 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise, the warrants will expire on the 31st day.

Original exercise price of warrants:  $2

New exercise price of warrants:  17 cents

Number of warrants:  6.25 million

Expiry date of warrants:  Sept. 9, 2021

Forced exercise provision:  If the closing price for the company's shares is 26.25 cents or greater for a period of 10 consecutive trading days, then the warrantholders will have 30 days to exercise their warrants; otherwise, the warrants will expire on the 31st day.

Original exercise price of warrants:  $2

New exercise price of warrants:  21 cents

These warrants were issued pursuant to a prospectus offering, consisting of 2,500 secured convertible debenture units, with each convertible debenture unit comprising one 5.0 per cent secured convertible debenture and 5,000 common share purchases warrants, with each warrant exercisable to purchase one common share, which was accepted for filing by the exchange effective Sept. 17, 2019.

© 2021 Canjex Publishing Ltd. All rights reserved.