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Titan Logix Corp. V.TLA

Alternate Symbol(s):  TPCFF

Titan Logix Corp. is a Canada-based technology company specializing in mobile liquid measurement solutions. It has designed and manufactured mobile liquid measurement solutions to help businesses reduce risk and maximize efficiencies in bulk liquid transportation. Its TD Series of tank level monitors are in mobile fluid measurement. Its solutions are designed for hazardous and non-hazardous applications, and it serves customers in a range of applications, including petroleum, environmental solutions, chemicals, and agriculture. It delivers its mobile tanker solutions to the market through partnerships with original equipment manufacturers, dealers, and private fleets across Canada, the United States, and Mexico. It serves the petroleum, chemical, and water markets with the TD100 series of mobile gauges, offering fleet operators accurate level measurement, reliable overfill protection, and a variety of automation, integration, and control capabilities for their tanker truck operations.


TSXV:TLA - Post by User

Post by mlmackon Jul 22, 2022 6:23pm
254 Views
Post# 34844641

Note 5 in the financials - INVESTMENTS

Note 5 in the financials - INVESTMENTS" The loan participation agreement with Greypoint Capital Inc. and subsequent amendments provides for the Company's entitlement to 1,250,000 warrants of the Borrower, each warrant representing the right to purchase one common share of the Borrower at an exercise price of $0.10 per common share. The warrants expire July 16th, 2024." Brichem trades around $0.70 so current value is around $750,000 or $0.03 / share. This asset does not seem to show up on the balance sheet, anyone out there know why ?
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