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Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Comment by Weebleon Aug 04, 2017 8:58pm
82 Views
Post# 26550249

RE:.13 warrants

RE:.13 warrantsThere are three different warrants but I think the ones you are talking about are 10 to 1 with a $7 exercise price May 2018.    

https://aliogold.com/investors/stock-information/

https://aliogold.com/_resources/pdfs/AlioGold-Information-for-Warrant-Holders-May2017.pdf


On May 12, 2017, the shareholders of Alio Gold Inc. (“Alio”) approved the consolidation
of Alio’s issued and outstanding common shares on a 10:1 basis (the “Consolidation”).
Pursuant to the terms of Alio’s warrant indenture dated November 30, 2016 (the
“Indenture”), the outstanding warrants of Alio were adjusted to reflect the Consolidation.
Accordingly, the warrant holders became entitled to receive, on exercise of the warrants
issued under the Indenture, one (1) post consolidation common share for every ten (10)
warrants following the payment of the adjusted exercise price of CDN$7.00. Following
receipt of all regulatory approvals, the warrants commenced trading on the TSX on a
post consolidation basis on May 16, 2017 under the symbol ALO.WT. Notice of such
adjustment was provided on May 12, 2017 to Computershare Trust Company of
Canada as warrant agent and to the registered holders of the warrants. Pursuant to the
terms of the Indenture, any fractional post consolidation common shares issuable upon exercise of the warrants will be rounded down to the nearest whole post consolidation common share.
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