RE:RE:RE:RE:RE:RE:RE:RE:CANNABIS WHEATON INCOME CORP. ACCELERATES WARRANT EXPIRY Warrant : is a certificate giving the holder the right to purchase securities at a stipulated price within a specified time.
therefore if someone bought one warrant @ $0.50 gives the shareholder the right to purchase one share @ $1.50. Therefore any trading of the securities above $2 is profit for the exerciser of the warrant.
these transactions fund company coffers. Also creates a transition period of warrant holders to common shareholders as well as dilution. Common practice.
jmo. Dyodd.