New warrants listed Could somebody explain this to me?...seems like they are describing two series of warrants with the symbol roe.wt.b but each has different terms...how can this be?...is it a typo? It looks to me like there ought to be roe.wt.b and roe.wt.c.
I remain the perpetually confused demaule.
Renaissance announces listing of warrants
Canada NewsWire
VANCOUVER, July 19, 2018
VANCOUVER, July 19, 2018 /CNW/ - Renaissance Oil Corp. ("Renaissance" or the "Company") (TSX-V: ROE) is pleased to announce that the TSX Venture Exchange ("TSXV: ROE") has accepted for listing the 44,555,000 warrants (the "Warrants") issued pursuant to a private placement that closed on March 5, 2018 (the "Private Placement").
The Warrants will be listed for trading on the TSXV under the symbol "ROE.WT.B" on July 23, 2018. Furthermore, an additional 2,673,100 Warrants, issuable upon exercise of the 2,673,100 compensation warrants (the "Compensation Warrants) issued to Haywood Securities Inc., Paradigm Capital Inc., Beacon Securities Limited and Canaccord Genuity Corp. in consideration for their services with the Private Placement, will, upon issuance, be listed for trading on the TSXV under the symbol "ROE.WT.B". Each Compensation Warrant entitles the holder thereof to acquire one common share of the Company (each, a "Common Share") and one Warrant at a price of $0.25 until March 5, 2020.
Each Warrant entitles the holder thereof to acquire one Common Share at an exercise price of C$0.50 until March 5, 2021. The Warrants were issued pursuant to, and are governed by (and the Warrants issuable upon exercise of the Compensation Warrants will be issued pursuant to and governed by), a warrant indenture between the Company and Computershare Trust Company of Canada dated March 5, 2018.
RENAISSANCE OIL CORP.