TSXV:EPO.H - Post by User
Post by
srpaton Oct 29, 2014 9:31am
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Post# 23071538
Warrant Extensions
Warrant Extensions
Prey, Since nobody else is bothering to ask -- what exactly is wrong with issuing warrant extensions? I believe they were originally priced at 30 cents and are now adjusted to 25 cents. The warrants were already issued, so the extra shares were already factored in. With Muskowekwan owning something like 20 million shares they are one of the largest Encanto shareholders. Giving them extra time for the asset (shares) to develop is a good strategy if you are trying to have a positive partnership.