GREY:KSKTF - Post by User
Comment by
CoastalTraderon Apr 22, 2011 5:30am
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Post# 18474008
RE: Private Placement at 0.55, now at 0.84
RE: Private Placement at 0.55, now at 0.84All those wts should have been gone as of last Nov - Dec when the price was well abov $1.10 for over 2 months. I'm not sure if they were called or not - but should have been.
Coastal.
The terms of the warrants provide that if, during the term of any unexercised warrant commencing on January 17, 2010, the closing price of the common shares of the Company on any exchange is greater than $1.10 for a period of 20 consecutive trading days the Company may, at its option and by notice in writing to each holder, require the holder of the warrant to exercise such warrant within 30 days, failing which the warrant will be deemed to have expired.