RE: Financings with warrants still in play INFOThanks RedDEER - you are right my dates are wrong - I fixed it below....
Reviewed the outstanding warrants
I looked back at all the financings with particular interest to warrants still issued and outstanding.
There are 3 financings with warrants still in play.
Mar 20, 2006 – 10 million shares at an exercise price of 10-cents (Expires Mar 20, 2008) and no accelerator clause.
January 16, 2007 – 35 million shares at an exercise price of 15-cents (Expires Jan 21, 2009) Option to accelerated expiry date if the Shares close at a price greater than $0.20 for 30 consecutive trading days
February 12, 2008 (Announced recently) – 5 million shares at an exercise price of 10 cents (Expires 12 months after closing of financing)
Summary:
10 million (10 cents) – expires next month March 20 2008
35 million (15 Cents) – expires next year January 2009
5 million (10 cents) – expires approximately February 2009
50 million – and if exercised in full will add over 6 million into the treasury $6,750,000
*****
As I mentioned last night – here is the snap shot of warrants still in play!
Regards,
Tommer3