Warrant Expiry: April 30, 2011 / SupportYou can get the complete Insiders detail update from SEDI.CA. Basically these are the warrant expiry's from the April 30, 2009 PP @0.14 details below . This was the issue that Sprott participated in and they exercised all of their warrants within the 1st year....details @.sedar.com
https://www.sedi.ca/sedi/SVTItdOneLineDetailDerivRemarkIss?locale=en_CA
Item 2 Date of Material Change
April 30, 2009
Item 3 News Release
The press release attached as Schedule A was released over Marketwire on April 30,
2009.
Item 4 Summary of Material Change
Cymat Technologies Ltd. (“Cymat” or the “Company”) completed its non-brokered
private placement financing in the amount of approximately $2.6 million. Fraser
MacKenzie acted as the Company’s fiscal advisor in connection with the offering. The
Company issued a total of 8,490,995 Units (comprising a common share and a warrant to
purchase a common share) at
.14 per Unit and 10,359,179 Subscription Receipts
(which become Units on approval by the Company’s shareholders of the issue of the
securities underlying the Units), also at
.14 per Subscription Receipt.
The warrants expire 2 years from closing of the transaction and are exercisable as
follows:
.25 for a period of 12 months following closing and
.35 for the 12 months
thereafter.