TSXV:CVM.H - Post by User
Comment by
Looneytuneson Dec 04, 2018 2:53pm
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Post# 29063147
RE:RE:RE:RE:RE:RE:RE:200000
RE:RE:RE:RE:RE:RE:RE:200000 On reading the news release I believe it could go either way depending on whether the company decides to enforce the Acceleration Right
The Warrants will be subject to an acceleration right (the "Warrant Acceleration Right") if on any ten (10) consecutive trading days, beginning on the date that is four (4) months and one (1) day following the Closing Date, the daily closing price of the Shares on the Exchange is at or greater than C$0.50. If the Company exercises its Warrant Acceleration Right, the new expiry date of the Warrants will be the 30th day following the date on which such notice is given by the Company.