RE:RE:RE:RE:RE:RE:RE:RE:RE:tradeable warrantsO12009 wrote: They were issued in 2019 and 2024 will be five years
Excerpts from the August 22, 2019 news release:
TORONTO, ON / ACCESSWIRE / August 22, 2019 / Theralase® Technologies Inc. (“
Theralase” or “
Company”) (
TSXV: TLT) (
OTCQB: TLTFF), is pleased to announce the closing of its marketed short form prospectus offering pursuant to which the Company issued 57,500,000
units of the Company (including the exercise in full of the over-allotment option) (the “
Units”) at a price of $0.30 per Unit (the “
Issue Price”) for gross proceeds of $17,250,000 (the “
Offering”). Each Unit consisted of one common share of the Company (the “
Common Shares”) and one common share purchase warrant of the Company (the “
Warrants”). Each Warrant shall be exercisable to acquire one Common Share at a price of $0.35 until August 22, 2024.
Each Unit consisted of one common share of the Company (the “
Common Shares”) and one common share purchase warrant of the Company (the “
Warrants”). Each Warrant shall be exercisable to acquire one Common Share at a price of $0.35 until August 22, 2024.
It is anticipated that t
he Warrants will commence trading on the TSXV under the symbol “TLT.WT” on or about August 26, 2019.