Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

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Lightstream Resources Ltd. > Can Someone explain the warrants?

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Comment by Pancho2on Nov 28, 2016 4:07pm

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Post# 25523790

RE:RE:Can Someone explain the warrants?

Thanks BlueSky.

Also would one warrant allowed you to buy one share?

If so the total warrants to be issued will be 12.750M ( or 12.750Mshares)
Not too big of an addition to the new 100M Outstanding shares

Apolla ( unsecured Bondholders) will only get 5.000M of this.
This should help will the shortfall on their conversion to Shares.

The deal for us old Shareholders is looking a little better now.

Thanks again.

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