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Renaissance Oil Corp. RNSFF

Renaissance Oil Corp is engaged in the acquisition, development, and production of oil and natural gas in Mexico. The group's properties include Mundo Nuevo, Topen, Malva, and Ponton.


GREY:RNSFF - Post by User

Comment by hydrocarbsson Feb 15, 2019 9:06pm
71 Views
Post# 29374053

RE:RE:Questions??

RE:RE:Questions??And warrants

Just to summarize the warrants outstanding...

 70 million warrants exercise price 50 cents with an expiry in July 2019.

Getting the price above 50 cents... and making the warrants financially worth exercising would provide up to $35 million to ROE depending on how many are exercised.

Watching to see how ROE approaches this

The following table summarizes information about the warrants outstanding and exercisable at June 30, 2018:

Warrants Remaining outstanding contractual life & exercisable

Exercise price          Expiry Date 
0.50     70,526,666  July 31, 2019  
0.20   106,790,000 October 6, 2020 
0.50     44,555,000 March 5, 2021  
0.50     18,260,869 October 16, 2022 
0.50       4,000,000 December 4, 2022 

Read more at https://stockhouse.com/companies/bullboard?symbol=v.roe&postid=29285780#oB0udY2ge3eD0mbe.99
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