RE: Warrants exercisedExmin controls who buys into PP's and when they are exercised.
Exmin rewards Agents with warrants and the same criteria applies.
Exmin controls how many warrants expire at any particulat time.
Warrant redemption is dilution.
Exmin can counter negative warrant redemption with positive NR's; agreements,production numbers,partnerships,drilling commencement,discoveries,acquisitions,etc..
The news should fit the amount of shares to be dumped into the marketplace,offsetting that negative selling into the marketplace.
If the company does not offset the expected dilution appropriately the warrant holders-wealthy private placement shareholders-hurt the average shareholder who cannot participate in costly PP's.