AUSA Warrants ?
How does one exercise these warrants? Can it be done thru a regular iTrade account or does one have to go thru a broker? My understanding is that if you received say 100 AUSA shares you can then buy an additional 100 shares at $0.25 within the following year.
"Following completion of Australis’ public listing, Aurora and Australis expect the previously announced distribution of shares and warrants (the “Distribution”) will be completed and the Australis shares and warrants will commence trading on the CSE on September 19, 2018 under the symbol “AUSA”. In accordance with the terms of the Distribution, eligible Aurora shareholder will be paid one Unit of Australis for every 34 Aurora shares outstanding as at August 24, 2018 (the “Record Date). Each Unit will consist of one common share and one share purchase warrant of Australis. Each warrant will entitle the holder thereof to acquire one share at an exercise price of $0.25 per Australis share, on or prior to 4:00 p.m. (Eastern Time) on the date that is one year after the Distribution."