RE: Old wts This volume and price increase will likely get these exercised as welll.... Means to an end, should be well cashed up if the volume and price is maintained.
Simba Energy extends warrant expiry to Jan. 20, 2013
2012-01-06 06:17 ET - News Release
Mr. Robert Dinning reports
SIMBA EXTENDS WARRANT TERMS
Simba Energy Inc.'s board of directors has agreed to extend the expiry date of warrants issued on Jan. 20, 2011, with an original expiry date of Jan. 20, 2012. There are currently 21,161,250 warrants outstanding, each warrant exercisable into one common share of the company at a price of 12 cents per share. The warrants were issued pursuant to a private placement of 42,322,500 shares with 21,161,250 warrants attached. Subject to the acceptance of the TSX Venture Exchange, the new expiry date of the warrants will be Jan. 20, 2013. The exercise price of the warrants will remain at 12 cents per share.
and acceptance:
Simba Energy extends 21,161,250 warrants
2012-01-10 16:20 ET - Miscellaneous
The TSX Venture Exchange has consented to the extension in the expiry date of the following warrants.
Private placement
Warrants: 21,161,250
Original expiry date of warrants: Jan. 20, 2012
New expiry date of warrants: Jan. 20, 2013
Exercise price of warrants: 12 cents
These warrants were issued pursuant to a private placement of 42,322,500 shares with 21,161,250 share purchase warrants attached, which was accepted for filing by the exchange effective Jan. 20, 2011, and a warrant price amendment was accepted by the exchange on Nov. 2, 2011.