Lightstream Resources Ltd. LSTMF

Recapitalization better position than liquidation for SH.

[Pancho2]

RBC Dominion Securities Inc. has provided an opinion to the Board that in its opinion, the Secured Noteholders, Unsecured Noteholders and Shareholders would each be in a better position, from a financial point of view, under the recapitalization than if the Company were liquidated.
https://www.lightstreamresources.com/news/news-releases.cfm?newsReleaseAction=view&releaseId=190
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Warrants 7.75% for Shareholders

Exercise Price – Each New Series 2 Warrant will be exercisable to purchase one New Common Share by paying, in cash (CDN$), the exercise price in effect based on the table listed below

 (the “New Warrant Series 2 Exercise Price”):
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Issue Date $12.88
1-Jun-2017  $13.41
1-Dec-2017 $13.75
1-Jun-2018 $14.29
1-Dec-2018 $14.42
1-Jun-2019 $14.96
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