RE:RE:272k warrants expired todaywarrants outstanding. As posted recently, another 6.5 million have been exercised by unsider, leaving about 23 milliuon left. there is still 13 million options for dirtectors etc , but they vest over 3 years
On October 2, 2018 the Company issued 54,000,000 common share purchase warrants (“2018 Warrants”), with each 2018 Warrant entitling the holder thereof to acquire one Common Share at an exercise price of C$0.05 until October 1, 2020. The expiry date of the 2018 Warrants can be accelerated by the Company to the date that is 10 business days after the date where the closing price of the Common Shares on the Exchange is higher than C$0.20 for 10 consecutive trading days. As of the date hereof 25,289,750 Common Shares have been issued pursuant to the exercise of the 2018 Warrants and 28,710,250 2018 Warrants are outstanding.