GREY:ATIVF - Post by User
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feasttimeon Apr 29, 2009 10:02am
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Post# 15952340
Re: Warrants
Re: Warrants There are 5,176,000 common sharepurchase warrants exerciseable @ $0.20 per share.
The Warrants also contain an automatic "triggering event" whereby theexercise term is accelerated to 30 days upon the trading price of theCompany's common shares exceeding $0.266 for 10 consecutive tradingdays. This will reduce the average cost base for these subscribers ofthe November 2007 round to $0.35 per share upon exercise of the AmendedWarrants.
= $1,035,200 to ACT.
FT