12.5 Million Warrants expire in JulyWell folks- I believe that wec will see these warrants exercised before the expiration date as the stock price rises- this will put over $6 million in the bank -
https://opelinc.com/news/wp-content/uploads/2010/07/jul22-10.pdf
Toronto, ON, July 22, 2010
– OPEL International Inc. (TSX-V: OPL) (the “Company” or
“OPEL”), a leading global supplier of high concentration photovoltaic (“HCPV”) solar panels and
solar tracker systems, today announced that it has closed its previously announced brokered private
placement. IBK Capital Corp. acted as the lead agent in respect of the issuance and sale of
25,164,665 units at a price of
.30 per unit for gross proceeds of $7,549,400 (the “Offering”). Each
unit consists of one common share and one-half of a common share purchase warrant. Each whole
warrant entitles the holder to purchase one additional common share of the Company at a price of
.50 per share until July 21, 2012.